Private equity-backed groups vie for IMG as KKR exits - Reuters

The buyout firms bidding for talent agency IMG Worldwide have all secured partnerships with other companies in the sector after KKR exited an auction seen fetching more than $2 billion, writes Reuters. KKR withdrew last week, leaving Silver Lake in partnership with William Morris Endeavor Entertainment, CVC Capital Partners Ltd in partnership with Chernin Group and Carlyle Group in partnership with ICM Partners as the private equity-backed groups in the race, writes Reuters.

26 November 2013•2 mins read
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