Investing in a brand-licensing company allows BlackRock to tap into changing consumer patterns while reducing the risks of having to back retailers directly
BlackRock Inc. declared its ambitions in private equity with the first deal from a new closely watched fund.
The money manager on Sunday said it purchased a stake in Authentic Brands Group, which owns brands including Sports Illustrated, Juicy Couture and Nine West, and controls licensing rights of celebrity brands from Muhammad Ali to Marilyn Monroe. The world’s largest money manager led the $875 million investment in Authentic Brands, which values the business in excess of $4 billion, according to people familiar with the...
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Germany to cut 35 million euros in funds to Brazil for Amazon preservation: newspapersGermany decided to suspend 35 million euros ($39 million) in funds sent to Brazi...
Baca lebih lajut »
Germany to cut part of funds sent to Brazil for Amazon preservation: newspaperGermany will partially suspend funds sent to Brazil to finance projects aimed at...
Baca lebih lajut »
BlackRock becomes Authentic Brands' largest shareholder with $875 million stakeBlackRock Inc's new private equity fund Long Term Private Capital (LTPC) ha...
Baca lebih lajut »
Buy-out firms embrace Germany—and vice versaGerman conglomerates have long been happy to offload unwanted parts to private-equity companies
Baca lebih lajut »
Sports Illustrated, Juicy Couture and dozens of brands get $875 million from BlackRockPrivate equity powerhouse BlackRock has made a big $875 million investment and became the largest shareholder of a company that owns Sports Illustrated, Nine West, Juicy Couture and dozens of other brands
Baca lebih lajut »
BlackRock poised to become Authentic Brands' largest shareholder: WSJBlackRock Inc is taking a stake in Authentic Brands Group LLC in a deal valuing ...
Baca lebih lajut »