Corporate actions
Jun 18, 2026

Universal Music Group NV: Takeover (terminated)

Update on 18 June 2026

On 7 April 2026, the company Universal Music Group NV (UMG) confirmed that the company Pershing Square Capital Management L.P. proposed to acquire UMG via a tender offer to the shareholders of UMG. Subsequently, the board of UMG rejected the offer as a result of which Pershing Square sold its stake in UMG.

While Pershing Square has not confirmed in writing that it would refrain from the planned tender offer, Eurex considers this acquisition plan and any possible adjustment or settlement of the affected contracts obsolete.

Trading in and clearing of the affected contracts continue as it is.



 

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