-

Affiliate of Pershing Square Holdings, Ltd. to Acquire Additional Stake in Universal Music Group

LONDON--(BUSINESS WIRE)-- 

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) today announced that PS VII Master, L.P. (“PSVII”), an affiliated co-investment vehicle, has notified Vivendi S.E. that it intends to exercise its option to acquire 52,769,098 Ordinary Shares of Universal Music Group (“UMG”), representing 2.9% of the company, for approximately $21.78 per share (or €18.40 per share at today’s exchange rate). The total cash consideration of $1.1 billion represents an equity value for UMG of €33 billion. PSVII’s purchase will not increase PSH’s ownership of UMG.

Following PSVII’s purchase, PSH and its affiliates will own 10% of the Ordinary Shares of UMG. Citigroup Global Markets Inc. served as placement agent.

About Pershing Square Holdings, Ltd.

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) is an investment holding company structured as a closed-ended fund.

Category: (PSH:Investments)

Media
Camarco
Ed Gascoigne-Pees / Julia Tilley +44 (0)20 3781 8339, media-pershingsquareholdings@camarco.co.uk

Contacts

Pershing Square Holdings, Ltd.

Pershing Square Holdings, Ltd.

LSE:PSH
Release Versions
English

Contacts

Pershing Square Holdings, Ltd.

More News From Pershing Square Holdings, Ltd.

Pershing Square Holdings, Ltd. UK Regulatory Announcement: Transaction in Own Shares

LONDON--(BUSINESS WIRE)--  Pershing Square Holdings, Ltd. Announces Transactions in Own Shares - 19 February 2026 Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (“PSH”) today announced that it has purchased, through PSH’s agent, Jefferies International Limited (“Jefferies”), the following number of PSH’s Public Shares of no par value (ISIN Code: GG00BPFJTF46) (the "Shares"): Total Buyback   Ticker/s: PSH (LSE); PSHD (LSE) Date of Purchase: 19 February 2026 Number of Public Shares Purchased:...

Pershing Square Holdings, Ltd. UK Regulatory Announcement: Transaction in Own Shares

LONDON--(BUSINESS WIRE)--  Pershing Square Holdings, Ltd. Announces Transactions in Own Shares and Weekly Summary of Transactions in Own Shares – 18 February 2026 Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (“PSH”) today announced that it has purchased, through PSH’s agent, Jefferies International Limited (“Jefferies”), the following number of PSH’s Public Shares of no par value (ISIN Code: GG00BPFJTF46) (the "Shares"): Total Buyback   Ticker/s: PSH (LSE); PSHD (LSE) Date of Purchase: 18...

Pershing Square Holdings, Ltd. UK Regulatory Announcement: Net Asset Value(s)

LONDON--(BUSINESS WIRE)--  Pershing Square Holdings, Ltd. Releases Regular Weekly Net Asset Value and Year-To-Date Return As Of 17 February 2026 Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) today released its regular weekly Net Asset Value (“NAV”) and performance returns on its website, https://pershingsquareholdings.com/performance/net-asset-value-and-returns/. The NAV and returns were computed as of the close of business on Tuesday, 17 February 2026. PSH NAV per share as of close of busi...
Back to Newsroom