Yesterday the CEO of UMG performed the show to convince us that UMG is entering a new growth cycle. Its IPO should be a success and the EV of €35bn retained for the recent sale of 7% of its capital will probably be the floor price for its IPO.
So, today to own Vivendi is to obtain at the end of September a high-growth UMG share and a share of a new Vivendi with a balance sheet strong enough to withstand selling pressures.
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It is necessary to wait before selling Vivendi stock
- Published:
26 Aug 2021 -
Author:
Jean-Michel Salvador -
Pages:
3
Yesterday the CEO of UMG performed the show to convince us that UMG is entering a new growth cycle. Its IPO should be a success and the EV of €35bn retained for the recent sale of 7% of its capital will probably be the floor price for its IPO.
So, today to own Vivendi is to obtain at the end of September a high-growth UMG share and a share of a new Vivendi with a balance sheet strong enough to withstand selling pressures.