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Universal Music Group discussed going private with buyout firms, Bloomberg News reports

Universal Music Group discussed going private with buyout firms, Bloomberg News reports

- Universal Music Group UMG.AS held preliminary discussions with private equity firms including Apollo Global Management APO.N, TPG TPG.O and Blackstone BX.N about going private earlier this year, Bloomberg News reported on Monday, citing people familiar with the matter.

Reuters could not immediately verify the report.


(Reporting by Abu Sultan in Bengaluru; Editing by Diti Pujara)

((Abu.Sultan@thomsonreuters.com;))

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