Universal Music valued at US$39b ahead of stock market debut | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

PARIS, Sept 21 — Universal Music Group, the world’s biggest label whose lineup features The Beatles and Taylor Swift, was valued at more than US$39 billion (RM163.5 billion) on Monday, a day before its huge stock market debut. The company is based in the US but owned by French media...

PARIS, Sept 21 — Universal Music Group, the world’s biggest label whose lineup features The Beatles and Taylor Swift, was valued at more than US$39 billion on Monday, a day before its huge stock market debut.

Vivendi is owned by French billionaire Vincent Bollore, who has positioned himself as a powerful right-wing media baron in recent years. But as it pivots towards other areas, Vivendi has already sold off a 20 per cent stake of Universal to Chinese tech firm Tencent and 10 per cent to US financier Bill Ackman.

It has secured agreement from its investors for a massive buyback of up to half its shares following the UMG flotation.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 1. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Universal Music to make stock market debut on Euronext | Malay MailPARIS, Sept 20 — Universal Music Group, the world’s biggest label whose lineup features The Beatles, Billie Eilish and Taylor Swift, is set for a huge stock market debut tomorrow. The company is based in the US but owned by French media conglomerate Vivendi, which is offloading a majority stake...
출처: malaymail - 🏆 1. / 86 더 많은 것을 읽으십시오 »

Universal Music to make stock market debut on Euronext | Malay MailPARIS, Sept 20 — Universal Music Group, the world’s biggest label whose lineup features The Beatles, Billie Eilish and Taylor Swift, is set for a huge stock market debut tomorrow. The company is based in the US but owned by French media conglomerate Vivendi, which is offloading a majority stake...
출처: malaymail - 🏆 1. / 86 더 많은 것을 읽으십시오 »

China wealth plans threaten European luxury stocks’ post-Covid boom | Malay MailLONDON, Sept 20 — China’s stuttering economic recovery and plans to redistribute wealth threaten to derail Europe’s booming luxury sector, leaving many investors apprehensive about buying the stocks even after their sharp August sell-off. Demand for high-end products in the world’s most...
출처: malaymail - 🏆 1. / 86 더 많은 것을 읽으십시오 »

Evergrande contagion fears hit Hong Kong stocks, with default expected | Malay MailHONG KONG, Sept 20 — Fears of a contagion from the potential collapse of battered Chinese real estate giant Evergrande sent property shares plunging in Hong Kong today, with the firm expected to default on upcoming interest payments this week. The firm, one of the country’s biggest developers,...
출처: malaymail - 🏆 1. / 86 더 많은 것을 읽으십시오 »