Universal Music Group could now go public by the end of 2021
Posted on: 1 février 2021, by : Stuart Dredge

A consortium led by Chinese tech giant Tencent has completed its deal to buy another 10% stake in Universal Music Group, valuing the major label at €30bn overall. The consortium now owns 20% of UMG, with majority owner Vivendi saying that the expanded stake “will notably enable UMG to further develop its activities in Asia”. Vivendi’s announcement […]
The post Universal Music Group could now go public by the end of 2021 appeared first on Music Ally.
Source: Music ally

Related Posts

Aller à la barre d’outils