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Pershing Square affiliate to pick up 2.9% stake in Universal Music Group

By Iain Gilbert

Date: Tuesday 31 Aug 2021

(Sharecast News) - Pershing Square revealed on Tuesday that PSVII Master, an affiliated co-investment vehicle, will take up an additional stake in Universal Music Group.
Pershing Square stated PSVII had notified Vivendi SE that it intends to exercise its option to acquire 52.76m ordinary shares in Universal, representing 2.9% of the...

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