Breaking KKR, China's Tencent eyeing bids for Universal Music

[iDJ]

LONDON (Reuters) - U.S. buyout fund KKR and China's Tencent Music Entertainment Group are exploring rival bids for up to half of Vivendi's iconic Universal Music division, a deal potentially worth up to 20 billion euros ($23 billion) [Rs 1,61,000 crores] , sources told Reuters. Exclusive: KKR, China's Tencent eyeing bids for Universal Music -...