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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Vivendi (PK) | USOTC:VIVEF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 10.93 | 10.77 | 11.45 | 0.00 | 21:07:04 |
From Jun 2021 to Jun 2024
By Adria Calatayud
Pershing Square Tontine Holdings Ltd. said Monday that it has decided not to proceed with its proposed acquisition of a 10% stake in Universal Music Group and will assign its share-purchase deal to Pershing Square Holdings Ltd.
Vivendi SE said it has approved Pershing Square Tontine's request to assign its rights and obligations under a June 20 agreement to investment funds with significant economic interests or management positions held by William Ackman.
On June 20, Pershing Square Tontine agreed to acquire 10% of the ordinary shares of UMG in a deal valuing the world's largest music company at about $40 billion.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
July 19, 2021 02:55 ET (06:55 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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