Digital music group Believe gets takeover offer of 15 euros per share

Believe SA

12/02/2024 06:42

PARIS, Feb 12 (Reuters) - Digital music company Believe
 BLV.PA  said on Monday it had receive a proposal from a
consortium to make an offer for all of its outstanding shares at
15 euros per share, or a premium of 21% over the last closing
price.
    The consortium comprises funds managed by TCV and EQT,
together with Denis Ladegaillerie, the Chairman and CEO of
Believe, the company added.

 (Reporting by Dominique Vidalon;
Editing by Sudip Kar-Gupta)
 ((dominique.vidalon@thomsonreuters.com; +33149495432; Reuters
Messaging: dominique.vidalon.reuters.com@reuters.net))