Vivendi plans to distribute 60% of UMG capital to shareholders, list it by year-end

© Reuters. FILE PHOTO: French media giant Vivendi’s logo in Paris By Dominique Vidalon PARIS (Reuters) – Vivendi (OTC:) said on Saturday it planned to distribute 60% of Universal Music’s capital to investors, subject to shareholder approval, and aimed to list its most-prized asset, home to singers such as Lady Gaga and Taylor Swift, by […]

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