Backing Both Horses: The Thinking Behind Tencent’s UMG Stake
As long expected, Tencent is poised to take a stake in Vivendi, reported to be 10%. While the news might not be surprising, there are a number of important factors at play: Tencent fast-tracked? Given that various entities stated their interest in investing in UMG, Vivendi appears to have fast-track...
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