Authentic Brands Raises another $500 Million
The Reebok parent’s valuation for this latest funding round was $20 billion, according to a Bloomberg source, with the entire $500 million investment coming from existing investor General Atlantic. The private equity company has now invested a total of $2 billion in ABG, which is still expected to file for a public offering at some point soon. Authentic filed its IPO paperwork with the SEC in ... Log in to view full article.