Authentic Brands Group’s acquisition of Forever 21 is the latest in a series of deals that have transformed Authentic Brands into the second largest brand management company in the world, behind only Walt Disney.
The $81 million transaction, in which Authentic Brands (ABG) partnered with mall operators Simon Property Group and Brookfield Property Partners, increases the company’s annual global retail sales by nearly 20% from over $10 billion to over $12 billion. ABG and Simon will each own 37.5%, and Brookfield
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