Pershing Square offers to buy Universal Music for nearly €55.75bn - News Summed Up

Pershing Square offers to buy Universal Music for nearly €55.75bn


Pershing Square built a roughly 10 per cent stake in 2021 ahead of the group’s Amsterdam listing. Ackman’s hedge fund stepped in instead, leaving Universal as one of Pershing Square’s largest positions. On Tuesday, Pershing claimed that uncertainty over the future of the billionaire Bolloré Group’s 18 per cent stake in Universal had depressed its valuation. Vivendi, which is controlled by the Bolloré family, still holds a near-10 per cent stake. He has large stakes in companies such as Alphabet, Amazon and Brookfield, with his main hedge fund managing almost $18bn.


Source: The Irish Times April 07, 2026 14:46 UTC



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