Vivendi in Talks with Tencent Over UMG Sale -Bloomberg
May 23 2019 - 3:06AM
Dow Jones News
--Vivendi is holding talks with companies including China's
Tencent Holdings over a minority investment in its Universal Music
Group subsidiary, Bloomberg writes, citing unnamed sources.
--Other potential investors including private equity groups and
sovereign wealth funds have signalled growing frustration with the
sale over its slow pace and high price tag, Bloomberg writes,
citing the sources.
Full story: https://bloom.bg/2VL6aoG
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(END) Dow Jones Newswires
May 23, 2019 02:51 ET (06:51 GMT)
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