US News Vivendi: The Third Point Fund enters

20:55  15 june  2021
20:55  15 june  2021 Source:   pressfrom.com

new ozone hole because of internet satellites? Researchers warn against Starlink and other

 new ozone hole because of internet satellites? Researchers warn against Starlink and other researchers warn that the planned Internet satellites who want to place Spacex with Starlink and other providers in large numbers in the orbit could damage the ozone layer in the long term. © Spacex StarLink satellites start in the orbit.

Vivendi : le fonds Third Point entre en scène © Wikimedia Vivendi: The Third Point Fund between While the Third Point Fund would hold a "substantial" share of Vivendi's capital, according to Bloomberg, the giant of entertainment says. Do not dispose of "no information on this" allowing him to "confirm this rumor".

Vivendi evolves little on the Paris Stock Exchange, while Bloomberg said yesterday that the Third Point Fund would hold a "substantial" share of capital. The exact amount of its participation remains unknown but, according to the press agency, citing anonymous sources close to the file, the new York-based speculative fund would hold it "for several months". An more actor in what looks more and more like a battle to take control of the conglomerate of the media. Third Point refused any comment. For its part, a spokesman for Vivendi said "no information on this" allowing him to "confirm this rumor".

New Fund secures package tours from

 New Fund secures package tours from a million-heavy fund ensures package travelers in the future in the bankruptcy of their tour operator. The Bundestag decided on the night of Friday the establishment of a security fund to deposit the organizers themselves. © LeFteris Partsalis / Xinhua / dpa on a beach south of Athens are available umbrellas for beach visitors. (Symbol image) Background is the bankruptcy of the travel company Thomas Cook in September 2019.

These new revelations then intervene as Vivendi must approve at its next General Assembly of 22 June the draft split on its subsidiary Universal Music Group (UMG), by redistributing 60% of the shareholders of the Group. At the same time, Vincent Bolloré is negotiating with the billionaire SPAC Bill Ackman, Pershing Square Tontine Holdings, to give it 10% of the musical label. Between the end 2020 and beginning 2021, a Consortium led by Tencent had already acquired 20% UMG twice.

>> Read also: Vivendi sells 10% of Universal Music shares (UMG) to Chinese Giant Tencent

Video: Fund Idea: Should We Invest in Carmignac Heritage Fund? - 31/05 (BFM Business)

The Third Point Fund, led by Billionaire Dan Loeb and who held $ 17.3 billion in assets under management at May 31 through its London Third subsidiary Point Investors Ltd, would also be potentially interested in acquiring the 10% UMG that wants to live in Vivendi, says Bloomberg. A fragmented redistribution strategy, thanks to which Vivendi hopes to draw the maximum of the IPO of his nugget, scheduled for September 27 at the latest in Amsterdam, but who did not fail to grind teeth. Indeed, minority shareholders of the media giant, who also want to grop some of the cake, have manifested in recent weeks to criticize this strategy.

the pope calls to pray for the tiger touched by the famine

 the pope calls to pray for the tiger touched by the famine © Ashraf Shazly children refugees Ethiopian who fled the conflict of the Tiger in the camp of Um Raqua to Gedaref, in eastern Sudan on January 7th 2021 Pope Francis called the faithful Sunday, during the traditional Sunday prayer of Angelus, to pray for the Ethiopian region of the Tiger, devastated by the violence and a cloudy famine.

The Bluebell Capital Fund based in London, favorable on the principle of the separation of UMG, considers that the conditions of its IPO are not favorable to the small shareholders and requests the payment of an exceptional dividend of 2.8 euros. By action, about 3.3 billion euros in total. He subsequently wrote to the AMF to request an investigation into the information actually disseminated on the project.

>> Buy and sell your investments (actions, cryptomonnays, gold ...) at the right time thanks to Momentum, the Capital Newsletter on Technical Analysis

on its side, the American Asset Manager Artisan Partners put forward the Made that the fragmented sales of the Musical Label shares is a "sub-optimal allocation" of the capital, and that the distribution of 60% of the titles to the shareholders in the form of an exceptional dividend is not effective tax. "Pilling a tax burden on the shareholders of Vivendi through the split process is not attractive," said David Samra, Portfolio Manager at the 11th Vivendi Shareholder, with 1.45% of the Shares at March 31st. 2021.

With a potential valuation of 35 billion euros, included debts, UMG represents a bargain for many investors. But some of them, like Bluebell, fear that Vincent Bolloré uses the benefits of this IPO to increase his hand-put on Vivendi. Dan Loeb, famous strategist, did not specify what was his project for Vivendi, but a discount of the conglomerate after the split of UMG would be a good opportunity for him to obtain more, by asking for example the assignment of Other cost-effective assets.

Report: Even in the Corona year 2020 more German startups are founded as in the previous year .
The StartupDetector Report is an annual evaluation of all startup start-ups and startup financing rounds. The report for the past year 2020 also deals with the effects of the Corona Pandemic on the startup scene: Which trends have remained, on which locations and in which industries is the most founded? © Provided by Finanzen.net Jirsak / Shutterstock.com The pandemic has an effect on the economy everywhere in the world - and of course also on the startups.

usr: 4
This is interesting!