Vivendi SE

Vivendi is selling a 10% stake (with an additional 10% option) in UMG to Tencent at an implied €30B valuation.

Vivendi: Universal Music Group Deal Highlights Undervaluation

Tencent Holdings Limited

Such a move would help the tech giant reinforce its leading position in China’s evolving music market.

Tencent May Buy a Big Stake in Universal Music Group

Chinese entertainment conglomerate Tencent Holdings (OTC: TCEHY) is attempting to take a stake in Universal Music Group, the record label giant that owns the rights to artists such as The Beatles, Ariana Grande, Queen and Drake.

Come Together: China's Tencent Negotiating For Stake In Beatles Catalog Owner Universal Music

Vivendi  is in talks to sell up to 20% of Universal Music Group (UMG) to Tencent, valuing its prized asset at around 30 billion euros ($34 billion), as both firms look outside their core regions to expand in a recovering global music market.

Vivendi talks Universal with Tencent to tap music revival

French media conglomerate Vivendi  said it had started talks with Tencent Holdings  to sell an initial 10% stake in its Universal Music Group (UMG) division.

Vivendi in talks to sell 10% of Universal Music Group to Tencent

Universal Music Group had a huge first half, sending earnings up more than threefold at the midway point in 2019.

Vivendi's Music Business Plays a Profitable Tune

Vivendi SA (VIVEF) CEO Arnaud de Puyfontaine on Q2 2019 Results - Earnings Call Transcript

O'Reilly Automotive

Ferrari

The following stocks have had positive performances over the past several years.

These 3 Stocks Are Strong Performers

An Italian law that forced French media group Vivendi  to forfeit most of its voting rights in Italian broadcaster Mediaset may not comply with European rules, according to European Commission legal advice seen by Reuters.

News for Vivendi SE Stock (VIVHY)