NEW YORK: Authentic Brands Group (ABG), a global brand development, marketing and entertainment company, Monday announces that funds advised by CVC Capital Partners (CVC) and HPS Investment Partners (HPS) 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 in enterprise value.
Authentic Brands Group LLC
Aug 18, 2021 17:08
HERZOGENAURACH: adidas AG has entered into a definitive agreement to sell its underperforming Reebok business to US-headquarterd Authentic Brands Group Inc. (ABG) for a total consideration of up to € 2.1 billion ($2.5 billion), with the majority to be paid in cash at closing of the transaction and the remainder comprised of deferred and contingent consideration.
Jan 22, 2021 14:01
SALT LAKE CITY: Novex Biotech and Authentic Brands Group, a global brand owner, marketing, and entertainment company, has announced that Hall of Famer and entrepreneur Shaquille O'Neal is Novex Biotech's newest brand ambassador. O'Neal will represent the brand's complete line of men's performance products, including GF-9, Testrovax, and Oxydrene, as well as future line extensions.
Feb 12, 2020 15:02
NEW YORK: Facebank Group, Inc., a leading digital human technology company focused on the development, protection and activation of digital likeness assets for celebrities and consumers, and Authentic Brands Group (ABG), a global brand development, marketing and entertainment company, Tuesday announced a joint business development agreement "to pursue and share revenue opportunities from the digital likenesses of ABG-owned
May 28, 2019 18:05
NEW YORK: Authentic Brands Group (ABG), a global brand development, marketing and entertainment company, Monday announced that it has finalized the purchase of the intellectual property of Sports Illustrated from Meredith Corporation for $110 million. This acquisition adds a new vertical to ABG's growing platform and portfolio, which currently generates over $9.3 billion in global retail sales annually.
Apr 26, 2019 15:04
NEW YORK: Licensing company Authentic Brands Group LLC has emerged as a leading contender to buy Sports Illustrated from Meredith Corp., the Wall Street Journal reports. The price is about $110 million, WSJ quotes people familiar with the matter as having said, but would not inclde the FanSided website network.