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Vivendi plans to distribute 60% of UMG capital to shareholders, list it by year-end

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By Dominique Vidalon PARIS (Reuters) – Vivendi said on Saturday it planned to distribute 60% of Universal Music’s capital to investors, subject to shareholder approval, and aimed to list its most-prized asset, home to singers such as Lady Gaga and Taylor Swift, by the end of the year. The plan to list Universal represents part […]



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