"There were €1,291 million of acquisitions of financial assets (50% related to the takeover bid on Bolloré, the balance for UMG, Viu and Multichoice)."
Does this mean they bought additional UMG shares on the market or is that a misunderstanding?
I have my answer. It was a nice increase. Cornouaille went from 17.7% to 18.1%, and Odet from 0.3% to 0.33% (while Vivendi got diluted from to 10% to 9.98%). So they bought a good chunk while UMG printed additional shares!
Many thanks for your great work
"There were €1,291 million of acquisitions of financial assets (50% related to the takeover bid on Bolloré, the balance for UMG, Viu and Multichoice)."
Does this mean they bought additional UMG shares on the market or is that a misunderstanding?
I have my answer. It was a nice increase. Cornouaille went from 17.7% to 18.1%, and Odet from 0.3% to 0.33% (while Vivendi got diluted from to 10% to 9.98%). So they bought a good chunk while UMG printed additional shares!
Massive find! Great job! I am uunhappy I missed it!! Great hob again!!
Thanks a lot for your report! Great teasing for September :) I'm waiting for it !