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EU: Vivendi and Tencent sign deal
By  |  Jan 1, 2020

French media conglomerate Vivendi announced on Tuesday that it signed an agreement to sell a stake of its wholly owned Universal Music Group, the world’s largest music company, to a consortium led by Chinese tech company Tencent Holdings.   The long-discussed arrangementprovides for the sale of 10% of UMG — based on a €30 billion […]

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