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François-Henri Pinault Nears $7 Billion Deal for CAA

Pinault sees CAA as a way to invest in the value of celebrities and may be able to use some of the Hollywood talent giant’s famous faces to bolster luxury group Kering.
France’s Pinault nears $7 billion deal for talent agency CAA.
France’s Pinault nears $7 billion deal for talent agency CAA. (Getty Images)
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French billionaire Francois-Henri Pinault is close to a $7 billion deal to buy a majority stake in Creative Artists Agency, the Hollywood talent giant that’s home to actor Brad Pitt and basketball’s Chris Paul, according to people familiar with the matter.

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