Universal Music Group shares soared 38.1% in the first day of trading.
The major was valued at around €33.5 billion ahead of its debut on the EuroNext exchange in Amsterdam ...
Universal Music Group has revealed that it expects revenues to increase by more than 10% in 2021.
Parent company Vivendi hosted an online Captial Markets Day for investors and analysts ...
Vivendi has confirmed the sale of 7.1% of UMG to Pershing Square Holdings and its affiliates.
It follows a restructuring of the proposed deal after push-back from regulators and investors ...
The acquisition of 10% of Universal Music Group by Bill Ackman has been restructured following push-back from regulators and investors to the plan.
The hedge fund billionaire had planned to ...
UMG revenues increased by 9.4% year-on-year in Q1 to €1.809 billion.
The results follows the announcement by Vivendi of plans for an IPO in Amsterdam for Universal Music this year ...
Vivendi has held an extraordinary general shareholders’ meeting in Paris to seek approval for its UMG IPO.
The major is set to go public this year on the Euronext ...
Vivendi has confirmed plans for its UMG IPO.
It’s a move that’s Vivendi’s institutional shareholders have been pushing for and the public listing is now set to take place ...
Vivendi has completed the sale of an additional 10% of the share capital of Universal Music Group to the Tencent-led consortium. The deal is based on an enterprise value ...
Vivendi has confirmed that the Tencent-led consortium has taken up its option to acquire a further 10% share in UMG.
The deal values UMG at €30 billion (£27.2bn), although the ...
For the first nine months of 2020, Universal Music Group’s revenues were €5.314 billion (£4.85bn), up 4.4% year-on-year. Revenues were up 3% year-on-year in Q3.
For the first nine months ...