French Marketing Collective Considers Stake Sale at Over $1 Billion Valuation
The Independents, a French luxury marketing collective, is considering a potential stake sale valued at over $1 billion, according to a report. The company has begun preliminary discussions with investors and appointed LionTree to review strategic options. The group reported £600 million in revenue last year and operates 20 creative agencies with clients including LVMH and Cartier.
Topics: corporate strategy investment luxury industry stake sale valuation