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Vivendi outlines plans to list Universal Music

Shares in the French media conglomerate surge. ....

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Vivendi : surges on plan to distribute 60% of UMG capital to shareholders

Shares in French media
conglomerate Vivendi surged on Monday after Vivendi
outlined plans to list Universal Music, home to singers such as
Lady Gaga and Taylor Swift, on the stock market and. | February 18, 2021 ....

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ASX to rise, European shares rally on copper, oil

ASX to rise, European shares rally on copper, oil
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Check out who’s reporting today on the AFR reporting season calendar.
The ASX rises 0.9 pc on Monday, buoyed by Zip, Nearmap. Read our story here.
Follow today’s ASX action on our Markets Live blog here.
Australian shares are set to open higher, as miners paced gains in Europe with copper reaching its highest in eight years and oil rising to its highest in 13 months.
ASX futures were up 22 points or 0.3 per cent to 6827 near 8am AEDT. The currency was 0.3pc higher.
On today’s reporting season schedule: BHP, Brambles, NAB first quarter, and Western Areas. Check out the full list here. ....

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UPDATE 1-Vivendi surges on plan to distribute 60% of UMG capital to shareholders

French tycoon Vincent Bollore will retain strong influence over Universal Music Group as a major shareholder following its planned 30-billion-euro ($36 billion) spin-off on the stock market by media conglomerate Vivendi . ....

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