Fidelity & Guaranty Life
Since its inception in 1959 in Des Moines, Illinois, Fidelity and Guaranty Life Insurance Company has assisted countless people in safeguarding their financial futures. As a result, the future of the company has been anything from certain. It was previously owned by Harbinger Group. However, the parent company made it available to the broader public in 2013. F&G piqued Anbang Insurance Group’s interest, which acquired it for $1.57 billion. Everything appeared to be going swimmingly until the Chinese company withdrew from the arrangement at the last minute. After a sudden change of plans, CF Corp acquired F&G for approximately $1.84 billion in 2017.
Fidelity & Guaranty Life
Universal Music Group
For any ambitious artist, a record deal with Universal Music Group would be a dream come true. It is one of the “Big Three” record labels, alongside Warner Music Group and Sony Music. UMG has been in the business of making music for nearly a century. While the firm has contributed to the growth of numerous domestic musicians, it is no longer entirely American. Vivendi, a French business, previously held the majority of the company’s capital, until Tencent acquired it in 2020. The corporation located in Shenzhen paid $33.4 billion for a 10% interest in the record label.
Universal Music Group
