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Vivendi shares got a 3 percent bump on Thursday after the chief executive of the Paris conglomerate said it is weighing a public listing of its Universal Music Group.

“We have started work that will allow us to present the benefits of a potential listing of UMG to the supervisory board,” Chief Executive Arnaud de Puyfontaine said at Vivendi’s shareholder meeting.

More here: https://nypost.com/2018/04/19/vivendi-considers-listing-universal-music-group/

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