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Will Vivendi spin off Universal Music Group?
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In 2000 Vivendi Universal was created from the merger with Groupe Canal+ and Seagram Company Ltd (owner of Universal Studios). In 2006 it sold off most of the Universal components and its name reverted to Vivendi.
Jun 22, 2021 · French media group Vivendi has won the backing of shareholders for its proposed spin-off of crown jewel Universal Music Group. During a shareholder meeting Tuesday, investors overwhelmingly...
Jun 21, 2021 · After the IPO, the ownership of Universal Music Group has dramatically changed. Vivendi SE currently owns a 10% share, Tencent Holdings Ltd. owns 20%, and Pershing Square Holdings holds...
Jun 22, 2021 · PARIS, June 22 (Reuters) - Shareholders in Vivendi (VIV.PA) applauded on Tuesday the French media giant's plan to spin off its $39 billion Universal music business, underpinning Vincent...
Jun 22, 2021 · Vivendi has won the support of its shareholders to hive off its largest business Universal Music Group into a separate company, which will leave the group controlled by billionaire Vincent...
Jun 20, 2021 · Vivendi has reached a deal with Bill Ackman’s Pershing Square to sell a 10% stake in Universal Music Group, a transaction that values the world’s largest music company at $40 billion.
Jun 22, 2021 · PARIS, June 22 (Reuters) - Shareholders of French media giant Vivendi VIV.PA overwhelmingly approved on Tuesday its plan to spin off its prized Universal music business.
