April 28 (Reuters) - CVC Capital Partners Ltd:
* CVC Fund vi has agreed to acquire an 80 pct stake in Breitling SA
* Financial terms of transaction were not disclosed.
* As part of the transaction, Théodore Schneider will re-invest for a 20 pct shareholding in Breitling.
* Closing of transaction is subject to approval by relevant competition authorities and is expected for June 2017. Further company coverage: (Bengaluru Newsroom)