Pansing Square plans to acquire Universal Music Group with €9.4 billion in cash and stock

2026-04-09 00:23:53

Billionaire investor Bill Ackman’s Pershing Square announced on April 6 local time that it plans to acquire Universal Music Group in a deal of €9.4 billion in cash plus stock, and has submitted a non-binding proposal. The total consideration of cash and stock is expected to value each share at €30.4, representing a 78% premium to Universal Music Group’s share price. (Jiemian News)

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