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Article The Guardian Business

Universal Music, home to Taylor Swift and Drake, receives €55bn takeover offer

Bearish -50.0
−100 Bearish 0 +100 Bullish
Universal Music, home to Taylor Swift and Drake, receives €55bn takeover offer

Bill Ackman’s Pershing Square claims world’s biggest music company has suffered due to delay of US listingBusiness live – latest updatesBillionaire Bill Ackman’s hedge fund has offered to buy Universal Music Group (UMG) in a deal that values the world’s biggest music company at around €55bn (£48bn).Pershing Square, the New-York based hedge fund, has offered to buy the business, which is home to artists including Taylor Swift and Elton John, in a cash and stock deal that would move its stock market listing from Amsterdam to New York. Continue reading...

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Article Info
Source The Guardian Business
Published Apr 7, 2026 · 9:03 am
Article ID wks1vco
Original URL Open source
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Bearish -50.0
−100Neutral+100
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