Universal Music Explored Buyout

Universal Music Group held preliminary talks with private equity firms regarding a potential buyout earlier this year. Discussions did not progress and no sale process was initiated.

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Universal Music Group logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration

Universal Music Group held preliminary discussions with private equity firms earlier this year regarding a potential go-private transaction, people familiar with the matter said. The talks underscore growing buyout interest in the world's largest music label. Investors are weighing the feasibility of taking the company private following previous unsolicited takeover approaches.

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