{"id":3973,"date":"2020-04-06T16:42:17","date_gmt":"2020-04-06T16:42:17","guid":{"rendered":"https:\/\/terra-alliance.com\/staging\/?p=3973"},"modified":"2026-05-19T15:02:41","modified_gmt":"2026-05-19T15:02:41","slug":"vivendi-announced-today-that-it-has-completed-the-sale-of-10-of-the-share-capital-of-universal-music-group-umg-to-a-tencent-led-consortium","status":"publish","type":"post","link":"https:\/\/terra-alliance.com\/staging\/vivendi-announced-today-that-it-has-completed-the-sale-of-10-of-the-share-capital-of-universal-music-group-umg-to-a-tencent-led-consortium\/","title":{"rendered":"Vivendi announced today that it has completed the sale of 10% of the share capital of Universal Music Group (UMG) to a Tencent-led consortium"},"content":{"rendered":"<p>Vivendi has sold 10% of the share capital of Universal Music Group (UMG) to a Tencent-led consortium based on an enterprise value of \u20ac30 billion for 100%. The consortium has an option to acquire, on the same valuation basis, an additional amount of up to 10% of UMG until January 15,2021.<\/p>\n<p>The consortium is led by Tencent (00700.HK) and includes Tencent Music Entertainment (NYSE: TME) as well as two sovereign funds.<\/p>\n<p>This transaction is complemented by a potential Joint-Venture between UMG and TME for Greater China, TME benefitting from an option to acquire a minority stake in this JV.<\/p>\n<p>Hottinguer acted as the sole financial advisor to Vivendi and UMG for this transaction with Tencent and TME.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vivendi has sold 10% of the share capital of Universal Music Group (UMG) to a Tencent-led consortium based on an enterprise value of \u20ac30 billion for 100%. The consortium has an option to acquire, on the same valuation basis, an additional amount of up to 10% of UMG until January 15,2021. The consortium is led [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":8231,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vivendi announced today that it has completed the sale of 10% of the share capital of Universal Music Group (UMG) to a Tencent-led consortium - Terra Alliance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/terra-alliance.com\/staging\/vivendi-announced-today-that-it-has-completed-the-sale-of-10-of-the-share-capital-of-universal-music-group-umg-to-a-tencent-led-consortium\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vivendi announced today that it has completed the sale of 10% of the share capital of Universal Music Group (UMG) to a Tencent-led consortium - Terra Alliance\" \/>\n<meta property=\"og:description\" content=\"Vivendi has sold 10% of the share capital of Universal Music Group (UMG) to a Tencent-led consortium based on an enterprise value of \u20ac30 billion for 100%. 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