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0.325552313463943 0.792330137557316 1.20925385577324 2.40975406419341 0.308878699458108 -0.1745727386411 -0.243851604835348 -0.366402667778241
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Kuke Music Holding Limited Announces Strategic Acquisition of Controlling Interest in Naxos Music Group

Kuke Music Holding Limited American Depositary Shares, each representing one Ordinary Share (KUKE) 
Company Research Source: GlobeNewswire
Beijing, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Kuke Music Holding Limited (NYSE: KUKE) (“Kuke” or the “Company”), a leading classical music services platform in China, today announced that it has acquired a controlling interest in Naxos Music Group, one of the world’s largest independent classical music companies. Transaction Overview Under the terms of the agreements signed on September 17, 2025, Kuke acquired on the same day a controlling interest in Naxos Music Group through two transactions involving Naxos One Holding Limited (“Naxos One”) and Desun Holding Limited (“Desun”), one of the two existing shareholders of Naxos One (the other shareholder is hereinafter referred to as the “Other Existing Shareholder”): Share Subscription Agreement: Kuke firstly subscribed for 17,500 newly issued Class B ordinary shares of Naxos One at US$6,000 per share, for an aggregate consideration of US$105 million (the “Share Issuance Transaction”).   Share Purchase Agreem Show less Read more
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