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CVC, CDPQ pick majority stake in Chinese ad agency BlueFocus global unit

CVC, CDPQ pick majority stake in Chinese ad agency BlueFocus global unit Image from BlueFocuss website. May 5, 2021 Private equity firm CVC Capital Partners and Canadian investment fund Caisse de dépôt et placement du Québec (CDPQ) have jointly acquired a majority stake in the international agency division of Chinese communications services group BlueFocus. The deal involves BlueFocus subsidiary agencies outside China – We Are Social, fuseproject, and Vision 7 International. Under the agen...
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