The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.

The record label behind Taylor Swift plans to launch a U.S. offering of some shares owned Bill Ackman’s Pershing Square, as ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

JPMorgan reaffirmed a positive outlook on Universal Music Group NV (AS:UMG:NA) (OTC: UMGNF), maintaining an Overweight rating ...

Shares in Universal Music, the world's largest record label, could soon be listed on a U.S. exchange, as a result of a $500 million stock offering by Bill Ackman's Pershing Square. The hedge-fund ...

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our ...

Pershing Square Holdings, majority owned by billionaire investor Bill Ackman, is set to leave the Netherlands, a move Ackman wants for UMG as well.

to hold shares of Universal Music Group N.V. (“UMG”) in connection with Pershing Square’s initial purchase of shares from Vivendi in September 2021. The PSVII funds have elected to ...

Dec 16 (Reuters) - Virgin Music Group, the global independent music unit of Universal Music Group (UMG.AS), opens new tab, said on Monday it will acquire Downtown Music in an all-cash deal valued ...