Vivendi is in talks to sell a 10% stake in its prized and lucrative Universal Mu...
FILE PHOTO: The logo of Universal Music Group is seen at a building in Zurich, Switzerland July 25, 2016. REUTERS/Arnd Wiegmann/File Photo - RC1EE289B960
Vivendi shares surged 7% as analysts welcomed the progress made on the sale of a stake in UMG and the valuation. Vivendi’s Chief Executive Officer Arnaud de Puyfontaine said last month that proceeds of the sale of up to 50% of UMG would be used for bolt-on acquisitions and “significant” share buybacks.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Vivendi in Talks to Sell 10 Percent Stake in Universal Music Group to China's TencentThe French media giant is looking to sell up to 50 percent of the label that is home to Taylor Swift and Ariana Grande.
Lire la suite »
Tencent in Talks to Buy 10% of Universal Music GroupChinese digital giant Tencent has entered negotiations with French media group Vivendi to buy a 10% stake in Universal Music Group. Vivendi announced the talks Tuesday, saying that the negotiations…
Lire la suite »
'How to Lose a Guy in 10 Days' Is Going to Be a TV Show!A How to Lose a Guy in 10 Days TV Show Is in the Works
Lire la suite »
Steve-O, Now 10 Years Sober, Just Crushed His First TriathlonA decade into his journey with sobriety, Steve-O is living his best healthy, active life.
Lire la suite »
10 Questions the 'Euphoria' Finale Just Straight Up Never AnsweredNumber one: what the actual $&*?
Lire la suite »
'How to Lose a Guy in 10 Days' Is Going to Be a TV Show!A How to Lose a Guy in 10 Days TV Show Is in the Works
Lire la suite »