Further to Universal Music Group’s (UMGNF) statement of November 9, 2024, UMG announced Wednesday that Pershing Square has ...

Universal Music Group UMG7.14%increase; green up pointing triangle plans to launch a U.S. offering of some shares owned by Bill Ackman’s Pershing Square, as the hedge-fund billionaire pushes for ...

The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.

Universal Music Group shares will be dual-listed on a U.S. exchange in 2025 as Pershing Square sells some of its stake for a ...

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our ...

Investing.com-- Universal Music Group NV (AS: UMG) said on Wednesday that it will launch a U.S. share sale and seek a U.S. listing as part of deal with activist investor Bill Ackman’s hedge fund ...

to hold shares of Universal Music Group N.V. (“UMG”) in connection with Pershing Square’s initial purchase of shares from Vivendi in September 2021. The PSVII funds have elected to ...

Pershing Square Holdings, majority owned by billionaire investor Bill Ackman, is set to leave the Netherlands, a move Ackman wants for UMG as well.