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CVC Capital Partners VIII and HPS Investment Partners to acquire ownership stakes in ABG

Authentic Brands Group (ABG) can now call CVC Capital Partners (CVC) and HPS Investment Partners (HPS) major investors. The latter companies have signed definitive agreements to purchase significant equity stakes in the company from certain current ABG shareholders. The transaction values the company at 12.7 billion dollars in enterprise value....

Nov 22, 2021