The spinoff frenzy continues

The spinoff frenzy continues

Vivendi shares show record jump on Universal listing plans.

  • #Vivendi SA had its strongest gain on record after the company said it may spin off its profitable Universal Music Group by the end of the year.
  • #Bitcoin’s incredible rally shows no sign of abating yet after the token jumped past $52,000 for the first time
  • The COVID pandemic has added $24 trillion to the global debt mountain over the last year, leaving it at a record $281 trillion and the worldwide debt-to-GDP ratio at over 355%.

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