Universal Music Group Confidentially Submits Draft Registration Statement for a Proposed U.S. Public Offering
UNITED STATES, JUL 21 – Universal Music Group aims to boost share liquidity and meet shareholder demands with a US initial public offering, valued near $50 billion on the Dutch exchange, filings show.
- On July 21, Universal Music Group confidentially filed an application with the SEC to list and sell shares in the United States.
- The US listing plan followed pressure from major hedge fund Pershing Square led by Bill Ackman, who argued it would boost UMG's value and share liquidity.
- UMG is primarily traded on the Dutch stock market, where its valuation stood at approximately €49.65 billion according to data from July 21.
- The company did not disclose the size or price range of the offering, and the potential sale remains subject to SEC review.
- This move reflects broader market optimism as US share indexes reached record highs following a rebound after tariff-related uncertainty.
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The world's largest record label, Universal Music Group (UMG), is planning to go public in the United States. The company, which is behind stars such as Taylor Swift, Lady Gaga, Billie Eilish, Ariana Grande and Harry Styles, has already filed a registration statement with the US Securities and Exchange Commission.
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Total News Sources65
Leaning Left7Leaning Right8Center16Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 23%
C 52%
R 26%
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