According to report in Chinese local media, a consortium led by Tencent has completed acquisition of a 10% stake in Universal Music Group. Members of the consortium include Tencent Music Entertainment Group and other financial investors. It is said that the transaction valuated Universal Music Group at EUR30 billion. Before January 15, 2021, the consortium […]
According to report in Chinese local media, a consortium led by Tencent has completed acquisition of a 10% stake in Universal Music Group. Members of the consortium include Tencent Music Entertainment Group and other financial investors. It is said that the transaction valuated Universal Music Group at EUR30 billion. Before January 15, 2021, the consortium […]