Tencent 增加對Universal Music Group持股至20%

  • 流覽次數:: 22
  • 分類: 產業區
  • 分享次數:
  • 作者: 音樂地圖
  • Tencent 增加對Universal Music Group持股至20%

      202104/2205:11

    ◎法國媒體集團(Vivendi)表示,以中國Tencent為首的財團將行使其選擇權,進一步收購(Universal Music Group)10%的股份,持股比例提高至20%。
    ◎由Tencent領頭的財團在今年3月完成了收購UMG 10%的交易。它保留了一項期權,有效期至2021年1月,透過以相同金額進行第二次購買,增加持股比例。Tencent的交易使UMG的市值至少300億歐元(約369億美元)。(Vivendi)對此感到非常高興,它們將使UMG進一步發展其在亞洲的業務。
    ◎(Vivendi)計劃出售UMG的其他少數股權,並最遲在2022年進行IPO,這些交易產生的現金可能用來償還金融債務,並為股票回購和收購提供資金。Tencent表示,該交易有望在2021年上半年完成。
    ◎有鑑於這筆交易是增加股份,而不是新收購,因此監管機構通常會批准這筆最新交易。但今年科技公司的活動已成為美國總統川普和強硬的中國領導人習近平之間冷戰的一部分。美國試圖控制中國的硬體供應商華為和GTE,以及Bytedance的TikTok和Tencent的WeChat等服務公司。此外,近幾個月來,全球的競爭和技術監管機構對全球科技巨頭採取了更為嚴格的政策。
    ◎Tencent已經在許多世界領先的遊戲公司中擁有大量股份,擁有9.1%的Spotify及超過10億的WeChat應用程序用戶,很有資格成為中國的國際科技冠軍。

    詳細全文:

    French media conglomerate Vivendi said on Friday that a consortium led by China’s Tencent will exercise its option to acquire a further 10% stake in Universal Music Group, raising the consortium’s holding to 20%.
    A Tencent-led consortium completed its deal to buy 10% of UMG in March this year. It retained an option running until January 2021 to double its stake, through a second purchase on the same valuation. The Tencent deals put a floor valuation of EUR30 billion ($36.9 billion) on UMG.
    In a press statement the French company said: “Vivendi has enjoyed the presence of Tencent and its co-investors at UMG’s share capital since March and is very happy the Consortium has decided to exercise its option. They will enable UMG to further develop its activities in Asia.”
    Vivendi says it plans to sell other minority stakes in UMG and to pursue an IPO of the unit by 2022 at the latest. “The cash generated by these transactions may be used by Vivendi to reduce its financial debt and to finance share buybacks and acquisitions,” it added.
    Barack Obama Shares His Favorite Songs of 2020, Featuring Dua Lipa, Megan Thee Stallion and More
    In a subsequent regulatory filing, Tencent also confirmed the move.
    “The consortium comprises the same members as that for the initial 10% investment in UMG, including Tencent Music Entertainment Group and other financial co-investors,” Tencent said. “The transaction is expected to close in the first half of 2021.”
    The March deal was complemented by a separate agreement, allowing Tencent Music to acquire a minority stake in the UMG subsidiary owning its Greater China operations.
    Regulatory approval for the latest deal would normally be a formality given that it represents a stake increase, not a new acquisition, and that regulators would have been aware of the option at the time they green-lighted the March deal.
    However, the activities of tech companies have this year become part of the Cold War narrative between the U.S. under President Donald Trump and hardline Chinese leader Xi Jinping. The U.S. has sought to rein in Chinese hardware suppliers Huawei and GTE and service companies including Bytedance’s TikTok and Tencent’s WeChat.
    Moreover, in recent months competition and technology regulators across the planet have taken a much harder line on global tech giants. In China, the government has recently begun to use its State Administration of Market Regulation to limit the power and influence of its own internet giants for the first time. In the past few years, China has also used foreign currency controls to rein in large overseas purchases by Chinese firms.
    And only last week, the same State Administration of Market Regulation fined a trio of Chinese companies, including a different Tencent offshoot, for not seeking its prior permission before deal-making.
    That pressure, however, is also counterbalanced by Beijing’s desire to see Chinese companies wield cultural and media influence around the globe in similar fashion to U.S. media conglomerates.
    Tencent, which already owns significant stakes in many of the world’s leading games companies, has 9.1% of music streaming leader Spotify, and boasts over a billion users for its WeChat super app, is well positioned to take on that mantle as China’s international tech champion.

     

    http://bit.ly/2WyJZox