Possible Universal Music sale pushes Vivendi shares higher, as European stocks march into record territory
May 18, 2021 at 05:18 AM EDT
French media giant Vivendi said on Tuesday that it may sell an additional 10% of Universal Music — the label behind acts including Lady Gaga, Justin Bieber, Taylor Swift, and Kendrick Lamar — ahead of floating the group by the end of September 2021.