A statement offered by Apple Computer seeks to quell speculation that the company is on the cusp of acquiring Universal Music Group from Vivendi.

Apple CEO Steve Jobs noted that his company hasn't made any such offer.

Rumours, which first started to circulate last week, said Apple would make a play to acquire the music publishing branch of Vivendi in a $6bn bid.

Apple's stock value dropped in the wake of the rumours, and the speculation even caused a ripple with some investors interested in acquiring parts of the troubled multinational entertainment company.

Today more fuel was added to the fire when financial news service Bloomberg posted comments attributed to Vivendi director Claude Bebear, who reportedly said that Apple "will probably make an offer" for Universal Music Group. Bebear later denied making such a comment when asked by the Reuters news service.

"Apple has never made any offer to invest in or acquire a major music company," said Jobs in a short statement. "The press statements this morning attributed to Vivendi board member Claude Bebear are untrue, as Mr Bebear has confirmed in a later report. Beyond these comments, we will abide by Apple's policy of not commenting on rumours."