Vivendi to Sell Further 2.9% Stake in Universal Music Group to Pershing Square
31 Agosto 2021 - 3:55AM
Dow Jones News
By Giulia Petroni
Vivendi SE said Tuesday that Pershing Square Holdings Ltd. has
agreed to buy an additional 2.9% stake in Universal Music Group for
a price of $1.15 billion.
The French media group said the purchase price is based on an
enterprise value of $35 billion for UMG's full share capital.
The closing of the deal is scheduled to take place by Sept.
9.
Following the transaction, Pershing Square Holdings will own 10%
of UMG's capital, according to Vivendi.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
August 31, 2021 02:40 ET (06:40 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Vivendi (PK) (USOTC:VIVEF)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Vivendi (PK) (USOTC:VIVEF)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
Notícias em tempo-real sobre Vivendi (PK) da OTCMarkets bolsa de valores: 0 artigos recentes
Mais Notícias de Vivendi (PK)