Vivendi's music business valued at $22 bln by banks pitching for IPO
April 25, 2017 at 13:20 PM EDT
PARIS/LONDON, April 25 (Reuters) - Investment banks seeking to persuade Vivendi to float Universal Music Group (UMG) says the recovering division is worth about 20 billion euros ($22 billion), top executives at the Paris-based media company said on Tuesday.