Its little ritornello around an IPO of Universal Music has become a hit that is making the whole financial planet dance today.
The first time Vincent Bolloré sang it, it was during the spring of 2017. He hummed it, crescendo, for more than four years.
Good things come to those who wait for.
On Tuesday September 21, Vivendi's “crown jewel”, of which it is the largest shareholder, will finally begin its listing in Amsterdam.
A priori with fanfare, as this asset makes investors salivate.
There is something.
In its shareholder prospectus approved by the Dutch Financial Markets Authority, Vivendi estimates that its music subsidiary will be valued at around 33 billion euros on the first day of its IPO.
Five times more than eight years ago!
Now, Universal Music is worth almost as much as its parent company, the fold of the Canal + television group, the Editis publishing house, the leading magazine publisher in France, Prisma.
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