and Natalie Portman, as well as other A-list clients across multiple fields including comedy and literature. Sources say that adding CAA to Pinault’s holdings could potentially unlock untapped value from its portfolio of brands, which also includes Balenciaga, Alexander McQueen and Yves Saint Laurent and Groupe Artémis brands like Puma, auction house Christie’s and the Stade Rennais F.C. Ligue 1 soccer team.
Like its rivals at French holding company LVMH, Kering SA “has investments in many high-end businesses and CAA is a high-end luxury biz in many ways,” one source familiar with the ongoing discussions tellsCAA is currently owned by asset manager TPG, which first acquired a 35% stake in the agency in 2010 and increased its share to 53% in 2014 at a valuation of $1.1 billion. In 2021, CAA completed its acquisition of smaller rival ICM.
News of a possible deal comes one day after members of the Screen Actors Guild voted to go on strike, ushering in a new era of uncertainty for Hollywood as it tries to adjust to the new business realities of streaming media.
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