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Business

Universal eyes bidder as buyout firms balk

LOS ANGELES: Vivendi SA is targeting strategic buyers for a stake in Universal Music Group as some private equity investors balk at the high price and slow pace of the deal, according to people familiar with the matter.

Business

Investor accuses Tencent Music executive of fraud

HONG KONG: A Chinese investor accused the co-president of Tencent Music Entertainment Group, which could fetch as much as US$1.23bil in an IPO this month, of using lies and threats to get him to sell his stake in a company that eventually became part of China’s largest music-streaming service.

Business

US billionaire to build stadiums in Bangkok for music and sports events

BANGKOK: Superstars like Taylor Swift are going to find it easier to play concerts in Bangkok.