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| Name | Symbol | Market | Type |
|---|---|---|---|
| Vivendi SE (PK) | USOTC:VIVHY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 12.00 | 11.25 | 12.20 | 0.00 | 12:14:00 |
From Jul 2019 to Jul 2024
By Maureen Farrell and Cara Lombardo
Breaking News...
Hedge-fund billionaire William Ackman's special-purpose acquisition company is nearing a transaction with Universal Music Group that would value the world's largest music business at about $40 billion, people familiar with the matter said.
The deal would be the largest SPAC transaction on record, exceeding the roughly $35 billion that Singaporean ride-hailing company Grab Holdings Inc. was valued at in a similar deal recently, according to Dealogic. It would have a so-called enterprise value, taking into consideration Universal's debt, of about $42 billion.
It's not guaranteed Universal and the SPAC, Pershing Square Tontine Holdings Ltd., will reach a deal. If they do, it could be finalized in the next few weeks and isn't subject to any additional due diligence, the people said.
Anne Steele and Corrie Driebusch contributed to this article.
(More to Come)
Write to Maureen Farrell at maureen.farrell@wsj.com and Cara Lombardo at cara.lombardo@wsj.com
(END) Dow Jones Newswires
June 03, 2021 18:03 ET (22:03 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Vivendi (PK) Chart |
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