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  • really, really.

  • Lady Gaga may not know it, but she was helping to move markets Monday.

  • French media conglomerate Vivendi says it plans a stock listing for her label, Universal Music.

  • It's also home to Taylor, Swift and other stars.

  • The news sent Vivendi shares soaring by as much as 18%.

  • French billionaire Van Samba Laura is one driving force behind the move.

  • Vivendi's biggest shareholder wants to cash in on a revival in the music industry.

  • Shares in his group ball, or A, also surged Monday, up close to 13% in early trades.

  • Now the deal will see Universal Music holding company UMG apply for a share.

  • Listing in Amsterdam, 60% off the company's capital will be distributed to investors.

  • The moves are supported by Chinese tech giant 10 Cent.

  • It owns 20% off UMG, having bought the stake in two moves that valued the group at over $36 billion.

really, really.

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B2 lady gaga listing label music french monday

Vivendi shares surge on Lady Gaga label’s IPO plan

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    林宜悉 posted on 2021/02/15
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