Skip to main content

How can we help you?

  • Deal or case news
  • 31-03-2020

NautaDutilh assisted a consortium led by Tencent with the completion of its acquisition of a 10% stake in Universal Music Group, the world's largest music company, from Vivendi. The acquisition is structured via a Dutch holding company.

The consortium, led by Tencent and participated in by Tencent Music Entertainment and certain global financial investors, has acquired 10% of the share capital of UMG, based on an enterprise value of EUR 30 billion for 100% of UMG’s share capital. The consortium also has the option to acquire, on the same price basis, an additional amount of up to 10% of the share capital until January 15, 2021.

NautaDutilh advised Tencent alongside Davis Polk & Wardwell. The NautaDutilh team consisted of David Viëtor, Jinne van Belle and Tamara Gang (Finance), Sybren de Beurs, Lieke van der Velden and Alex Draaisma (Corporate M&A), Wijnand Bossenbroek, Esther Schreiber and Sanne Meester (Corporate Notarial).

Find the press release here
 

Cookie notice

Our website only uses cookies when you play video content. Video content is streamed from YouTube, YouTube is a Google service. Our website does not use tracking cookies and/or third party cookies when you do not play video content. Please read the privacy/cookie policy for more information.