July 21 (Reuters) -

Universal Music Group, the world's biggest music label,

disclosed on Monday that it had confidentially filed for a U.S.

listing.

Universal Music, whose primary listing is in the

Netherlands, did not reveal the size of the U.S. offering or how

much it was planning to raise.

The company was valued at about 49.65 billion euros

($58.05 billion) based on its Monday closing price on the Dutch

exchange, according to LSEG data. The stock is up about 10% this

year.

Billionaire Bill Ackman-led Pershing Square, one of the

major stockholders in Universal Music, had previously pushed the

company to list its shares in the United States.

The Netherlands-based company's roster of stars includes

Taylor Swift, Billie Eilish, Drake, The Weeknd, Ariana Grande,

and Harry Styles, according to its website.

Companies are lining up to list their shares in the U.S.

to take advantage of a strong rebound in the country's equity

markets following a brief lull due to uncertainty surrounding

President Donald Trump's tariff policies.

Confidential filings allow companies to keep financial

and strategic information private while engaging with regulators

and assessing investor appetite ahead of public disclosure.

($1 = 0.8554 euros)