Media & Telecom
Media & Telecom · 2:44 AM UTCAckman’s SPAC signs deal to buy 10% of Vivendi’s Universal
Billionaire investor William Ackman's Pershing Square Tontine Holdings (PSTH.N) signed a deal to buy 10% of Universal Music Group (UMG), Taylor Swift's label, for about $4 billion, the companies said on Sunday.
BusinessFreight tech startup Forto raises $240 million in Softbank-led round
Forto has raised $240 million from investors led by Softbank (9984.T), the freight technology startup said on Monday, and will invest in expanding its platform for organising trade shipments between China and Europe.