great write up! Taking a step back, if UMG asset is attractive, one can simply buy WMG, the valuation and growth profiles are very similar and with WMG get ready liquidity and US listed stock. If the SPARC is the real juice here for the deal, then I think there are too many uncertainties.
great write up! Taking a step back, if UMG asset is attractive, one can simply buy WMG, the valuation and growth profiles are very similar and with WMG get ready liquidity and US listed stock. If the SPARC is the real juice here for the deal, then I think there are too many uncertainties.
great write up! Taking a step back, if UMG asset is attractive, one can simply buy WMG, the valuation and growth profiles are very similar and with WMG get ready liquidity and US listed stock. If the SPARC is the real juice here for the deal, then I think there are too many uncertainties.