reported strong first-quarter revenues of €230.3 million on Wednesday despite foreign exchange fluctuations that led to slower organic growth compared to the final quarter of last year.
The Paris-based music company also provided an update on the timeline to take Believe private via a consortium of buyers, which includes Ladegaillerie.on Wednesday. “This is going to be reviewed by market authorities before the rest of the process.”to submit a formal offer to acquire Believe after the company previously said it was considering bidding 17 euros per share, or roughly 1.65 billion euros .
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