Universal Music Group discussed going private with buyout firms, Bloomberg News reports
Oct 26 (Reuters) – Universal Music Group held preliminary discussions with private equity firms earlier this year about going private, Bloomberg News reported on Monday, citing people familiar with the matter. • The music label’s management held preliminary talks with private equity firms including Apollo Global Management, TPG and Blackstone, according to the report • Talks have not progressed and Universal has not started a sale process, the report said, […]