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in Fashion

Pinault Buys Majority Stake in Talent Agency CAA

by Editor September 7, 2023, 11:19 pm 1.6k Views

François-Henri Pinault Nears $7 Billion Deal for CAA

French billionaire François Pinault’s holding company Artémis agreed to buy a majority stake in the Hollywood talent giant Creative Artists Agency from the private equity firm TPG Inc.

As previously reported by Bloomberg News, Pinault is buying its stake in a deal that values the business at $7 billion. CAA, founded in 1975, represents some of the top stars in sports and entertainment, including Pinault’s wife, actress Salma Hayek.

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