{"id":213041,"date":"2026-04-08T20:39:19","date_gmt":"2026-04-08T20:39:19","guid":{"rendered":"https:\/\/www.europesays.com\/se\/213041\/"},"modified":"2026-04-08T20:39:19","modified_gmt":"2026-04-08T20:39:19","slug":"budet-pa-universal-forkladd-aktivism","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/se\/213041\/","title":{"rendered":"Budet p\u00e5 Universal f\u00f6rkl\u00e4dd aktivism"},"content":{"rendered":"<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">P\u00e5 tisdagsmorgonen avsl\u00f6jade aktivistinvesteraren <strong>Bill Ackmans<\/strong> <strong>Pershing Square<\/strong> ett <a class=\"text-primary-90 hover:text-primary-110 underline hover:no-underline\" rel=\"noopener noreferrer\" target=\"_blank\" href=\"https%252525252525252525252525253A%252525252525252525252525252F%252525252525252525252525252Fhttps%252525252525252525252525253A%252525252525252525252525252F%252525252525252525252525252Fwww.affarsvarlden.se%252525252525252525252525252Fartikel%252525252525252525252525252Fackman-lagger-miljardbud-pa-universal-music\">icke-bindande bud p\u00e5 <strong>Universal Music Group<\/strong><\/a> &#8211; v\u00e4rldens st\u00f6rsta musikbolag med r\u00e4ttigheter till artister som <strong>Taylor Swift<\/strong>, <strong>Kendrick Lamar<\/strong> och <strong>Metallica<\/strong>. <\/p>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">Budet v\u00e4rderar Universal till cirka 30,4 euro per aktie, en premie p\u00e5 78% mot onsdagens st\u00e4ngning p\u00e5 17,1 euro. Totalt runt 56 miljarder euro.<\/p>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">Men premien p\u00e5 78% \u00e4r en sanning med modifikation. <\/p>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">Aff\u00e4ren \u00e4r uppbyggd i tre led. F\u00f6rst fusioneras Universal med Ackmans &#8221;specialbolag&#8221; Pershing Square SPARC Holdings, en variant av en SPAC d\u00e4r kapitalet anskaffas efter att ett f\u00f6rv\u00e4rvsobjekt identifierats. <\/p>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">Befintliga aktie\u00e4gare f\u00e5r 0,77 aktier i det nya bolaget per Universal-aktie plus 5,05 euro kontant. I n\u00e4sta steg ska det nya Universal-bolaget ta upp ny skuld om 5,4 miljarder euro och avyttra sitt <strong>Spotify<\/strong>-innehav f\u00f6r uppskattningsvis 1,5 miljarder. Pengarna ska anv\u00e4ndas till att \u00e5terk\u00f6pa aktier.<\/p>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">Det tredje ledet \u00e4r Pershing Squares eget kapitaltillskott om 2,5 miljarder euro, varav drygt h\u00e4lften fr\u00e5n befintliga fonder och resten fr\u00e5n SPARC-investerare som \u00e4nnu inte f\u00f6rbundit sig. <\/p>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">Sammantaget inneb\u00e4r det att Ackman med egna medel egentligen f\u00f6rv\u00e4rvar knappt 6% av bolaget till en implicit v\u00e4rdering runt 40 miljarder euro, allts\u00e5 en premie p\u00e5 snarare 29%. <\/p>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">Det \u00e4r \u00e5tg\u00e4rderna som Ackman f\u00f6resl\u00e5r i hans investeringstes, och fr\u00e4mst en notering i New York, som ska driva upp v\u00e4rdet p\u00e5 Universal. <\/p>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">Reaktionen p\u00e5 b\u00f6rsen \u00e4r talande. Aktien steg dryga 11% i Amsterdam, det vill s\u00e4ga inte ens i n\u00e4rheten av budniv\u00e5n. <\/p>\n<p class=\"font-sans text-base text-text-main dark:text-text-main-dark font-normal leading-[1.4]\">Marknaden priss\u00e4tter att aff\u00e4ren inte blir av.<\/p>\n","protected":false},"excerpt":{"rendered":"P\u00e5 tisdagsmorgonen avsl\u00f6jade aktivistinvesteraren Bill Ackmans Pershing Square ett icke-bindande bud p\u00e5 Universal Music Group &#8211; v\u00e4rldens st\u00f6rsta&hellip;\n","protected":false},"author":2,"featured_media":213042,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[65],"tags":[12498,72,70,71,17194,34,6510,31,33,32,30,17195],"class_list":["post-213041","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ekonomi","tag-bill-ackman","tag-business","tag-economy","tag-ekonomi","tag-pershing-square-tontine-holdings","tag-se","tag-spotify-technology","tag-svenska","tag-sverige","tag-sweden","tag-swedish","tag-universal-music-group-n-v"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@se\/116371021080534254","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts\/213041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/comments?post=213041"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/posts\/213041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/media\/213042"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/media?parent=213041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/categories?post=213041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/se\/wp-json\/wp\/v2\/tags?post=213041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}