Category archives: Deutsche Bank

Deutsche Bank Raises UMG Valuation 45% To $33 Billion As Sales Search Continues

Deutsche Bank has raised its valuation of Universal Music Group 45% to $33.19 billion, up from a previous $22.86 billion. That values UMG higher than the market capitalization of its parent company Vivendi, which currently sits at $32.35 billion. "With the hype around UMG stake sale having subsided, there is…