What percentage stake is Wendy considering selling in Universal Music Group?
Vivendi to Sell Up to Half of Universal Music
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Business, Performing Arts
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Hard
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The video discusses Vivendi's potential sale of up to 50% of Universal Music Group, a major profit source, to strategic partners, possibly raising $15 billion. It also covers a backlash from retailers against credit card swipe fees, affecting Visa and American Express. Lastly, it examines gold market volatility as traders await central bank decisions on interest rates.
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5 questions
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1.
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3 mins • 1 pt
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2.
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3 mins • 1 pt
Why might Vivendi want to sell a stake in Universal Music Group despite its current success?
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3.
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3 mins • 1 pt
What is the potential financial outcome of the stake sale for Vivendi according to Bloomberg Intelligence?
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4.
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3 mins • 1 pt
What recent comments from Kroger have affected payment companies like Visa and American Express?
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5.
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3 mins • 1 pt
What is the current state of volatility in the market according to TD Securities?
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