
Universal Music Group (UMG) has submitted a confidential application with the Securities and Exchange Commission (SEC) to sell its shares in the US.
The firm will not receive any proceeds from the sale, UMG said in a statement on Tuesday.

Universal Music Group (UMG) has submitted a confidential application with the Securities and Exchange Commission (SEC) to sell its shares in the US.
The firm will not receive any proceeds from the sale, UMG said in a statement on Tuesday.