Universal Music’s stock market debut next week it set to land its boss
The British record label mogul, who nearly died of Covid-19 last year, is to receive the
Lucian, chairman and chief executive of the world’s largest music company, also cashed in on a 10 per cent minority stake in Chinese technology giant
In total, the record label boss is looking at a
The figure is also likely to swell, as Lucian is also expected to receive a bonus from his sale of another 10 per cent stake in Universal to Bill Ackerman’s
All bonuses through the initial public offering (IPO) are due to be paid by French media heavyweight
Universal’s float will see it sever its ties with
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© City AM, source