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Taylor Swift and Drake music giant files to list on US stock market

Source: BBC

Universal Music Group's (UMG) - which is the world's biggest music group and owner of the record labels behind mega stars Taylor Swift, Drake and Lady Gaga - has filed to sell its shares in the US.The company, which is already listed in the Netherlands, has a stock market valuation there of almost €50bn ($43.3bn; $58.5bn).The music powerhouse's line-up of international superstars also includes Billie Eilish,…

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Read the original source at BBC