Forget the $3bn Tencent acquisition – Universal is planning to IPO before 2023

At the close of last year, MBW broke the news that Universal Music Group had inked definitive documents to sell 10% of its company to a consortium led by Tencent Holdings Ltd – a stockholding that could this year rise to 20%. We also told you that UMG parent Vivendi remained open to other interested … Continued

The post Forget the $3bn Tencent acquisition – Universal is planning to IPO before 2023 appeared first on Music Business Worldwide.

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