Universal Music Group

Investment Firm Pershing Square Offers $64bn To Buy Universal Music

April 07, (THEWILL) — Universal Music Group, home to stars like Taylor Swift, Kendrick Lamar, and Sabrina Carpenter, has received a $64.3 billion (£48 billion) takeover offer from US investment firm, Pershing Square. Pershing Square, led by billionaire, Bill Ackman,...

Universal Music Group Acquires Majority Stake In Mavin Records

February 26, (THEWILL) - Universal Music Group has acquired a majority stake in Mavin Records, the Nigerian music label owned and promoted by Michael Ajereh, aka Don Jazzy. The head honcho of the multinational entertainment and record label conglomerate, while...
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Throwback: Dangote, Ramaphosa Sparred Over How Africa Should Fund Power Projects

In a panel discussion on Africa’s infrastructure financing challenges, South African President Cyril Ramaphosa argued that the continent should not assume it needs foreign capital to fund major projects. Aliko Dangote offered a different perspective, arguing that the availability of money in African banks does not necessarily mean businesses can afford to use it.
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