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Universal Music Unveils IPO Plan for Later This Year Jem Aswad, provided by FacebookTwitterEmail Vivendi plans to list 60% of its share of Universal Music Group on the Euronext market in Amsterdam by the end of the year, according to announcements from the companies in the early hours of Saturday. The minimum target value for the company is 30 billion Euros, or around $36 billion. In a letter to employees obtained by Variety, UMG CEO and Chairman Sir Lucian Grainge wrote, “I couldn’t be prouder: not only is this a validation of our strategy, our teams, and our unprecedented record of success, it’s a natural evolution in the storied history of our company that will enable our entrepreneurial and creative culture to continue to soar.

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