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Señal News > universal-music-group

Latest news of universal-music-group

VIVENDI ACQUIRES 10.6% STAKE IN LAGARDÈRE 22 APR 2020

Telcos

VIVENDI ACQUIRES 10.6% STAKE IN LAGARDÈRE

The acquisition followed the recent sale of 10% of the company's 100% share capital of Universal Music Group (UMG) for an enterprise value of €30 billion. It was brought up by Lagardère’ and former French president Nicolas Sarkozy served as an intermediary, and A price for the deal has not been revealed.