December 31, 2019 / 11:54 AM / 25 days ago

Qatar's state investor also part of Tencent's Universal deal

FILE PHOTO: A Vivendi sign at the main entrance of the entertainment-to-telecoms conglomerate's headquarters in Paris, March 10, 2016. REUTERS/Charles Platiau/File Photo

LONDON (Reuters) - Qatar Investment Authority (QIA) is another member of the Tencent-led consortium buying a 10% stake in Vivendi’s Universal Music Group, a source familiar with the deal said on Tuesday.

Qatar’s state investor, QIA, did not immediately respond to requests for comment.

Reporting by Kane Wu in Hong Kong; additional reporting by Saeed Azhar in Dubai; writing by Josephine Mason in London; editing by Keith Weir

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