Warner Music issued a formal notice on Thursday disclosing its interest in acquiring the French digital music company Believe, a surprise move that would entail outbidding an earlier effort by a consortium led by the firm’s founder and CEO. The announcement, made before the opening of the Euronext Paris stock exchange, where Believe is listed, outlines a planned bid of “at least” 17 euros per share, which would value the company at roughly 1.65 billion euros ($1.8 billion). A bid announced Feb. 12 from Believe chief Denis Ladegaillerie and investment funds EQT and TCV valued the company at 1.523 billion euros, based on
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