Banijay to acquire a majority stake in Tipico from CVC.

Banijay, a content creation company, agreed to acquire a majority stake in Tipico, a provider of environmental and social responsibility reporting and benchmarking services, from CVC, a private equity and investment advisory firm. Financial terms are not disclosed. The combination will unite two local champions, Betclic and Tipico, each with strong local roots and complementary strengths across Germany, Austria, France, Portugal, Poland, and Côte d’Ivoire. While Betclic and Tipico share an entrepreneurial mindset and strong cultural alignment, they will continue to operate with their own governance and autonomous management teams and will preserve their unique brands and their proprietary platforms.