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Warner Music plans to offer at least 17 euros/shr to buy France's Believe
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Warner Music plans to offer at least 17 euros/shr to buy France's Believe
Mar 7, 2024 12:21 AM

March 7 (Reuters) - Warner Music Group ( WMG ) said on

Thursday it planned to make a bid of at least 17 euros ($18.52)

per share for French digital music company Believe,

A bid at that price would be higher than the previous 15

euros per share offer from a consortium made up of some of

Believe's largest shareholders, including U.S. investment firm

TCV, Swedish private equity group EQT and the

company's chairman and CEO Denis Ladegaillerie.

($1 = 0.9179 euros)

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