trending Market Intelligence /marketintelligence/en/news-insights/trending/6Gt9fGroaeCgLv4ucrrKEw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Vivendi, Tencent in talks over 10% Universal Music stake

Assessing The Impact Of COVID-19 On Businesses: Changes Happening With More On The Way

Small Scale Solar Projects by the Numbers

Infographic: Solar Power by the Numbers - The U.S., Canada and Mexico

Industries Most and Least Impacted by COVID 19 from a Probability of Default Perspective March 2020 Update

Vivendi, Tencent in talks over 10% Universal Music stake

French media conglomerate Vivendi SA has begun talks with Tencent Holdings Ltd. for the sale of a 10% stake in Universal Music Group Inc.

A deal would give Universal Music a preliminary equity valuation of €30 billion for 100% of the music company, Vivendi said.

Under the preliminary talks, the Chinese company will also be given a one-year call option to acquire an additional 10% for the same price, once the transaction pushes through.

The companies are also looking at potential partnership agreements to carve growth opportunities for Universal Music. These include strategies on digitalization and the opening of new markets.

Vivendi intends to continue the sale process for an additional minority stake in Universal Music to other potential partners. According to earlier reports, Vivendi is looking to sell up to 50% of its stake in Universal Music.

Apart from Tencent, Apple Inc., Liberty Media Corp., Japan's SoftBank Group Corp. and Alibaba Group Holding Ltd. are among companies eyeing a stake in Universal Music.