Universal Music Group Nears European Approval for Downtown Music Deal Through Platform Divestiture
Universal Music Group is set for conditional EU approval of its 775 million dollar Downtown Music deal. The move requires divesting the Curve platform.
Insights:
Universal Music Group N.V. is set to receive conditional antitrust approval from the EU 
EUfor its $775 million acquisition of Downtown Music. This regulatory clearance follows a formal proposal from the music major to address competitive risks identified by the European Commission during the review process.
EUfor its $775 million acquisition of Downtown Music. This regulatory clearance follows a formal proposal from the music major to address competitive risks identified by the European Commission during the review process.
