Bill Ackman Pushing Universal Music Group to Move Listing From Europe to U.S. [Yahoo! Finance]
VIVENDI SE UNSP/ADR (VIVHY)
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Source: Yahoo! Finance
In a post on X , Ackman said that he plans to centralize his company Pershing Square Holdings at the London Stock Exchange and eliminate its listing on Amsterdam's Euronext exchange. He adds in the post that “Pershing Square has a contractual right to cause UMG to be listed in the U.S. We will exercise this right and achieve a U.S. listing for UMG no later than some time next year.” More from The Hollywood Reporter Snoop Dogg and Wife Shante Broadus Receive Surprise Honor at Give Her FlowHERS Awards Gala Seventeen's Mingyu on His Personal Style, Being a Dior Ambassador and That Calvin Klein Campaign Producer Freddy Wexler Breaks Down Creating Latest 'Emily in Paris' Original Song "Beautiful Ruins" Pershing owns about 10 percent of UMG, the world's largest music label. While UMG's main office is in Santa Monica, it is headquartered in the Netherlands and has been listed on the Euronext exchange ever since going public in 2021 in a deal that included Ackman's firm. Vivendi,
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