  By correlating time- and angle-resolved photoemission and time-resolved
transverse- magneto- optical Kerr effect measurements, both at extreme
ultraviolet wavelengths, we uncover the universal nature of the ultrafast
photoinduced magnetic phase transition in Ni. This allows us to explain the
ultrafast magnetic response of Ni at all laser fluences - from a small
reduction of the magnetization at low laser fluences, to complete quenching at
high laser fluences. Both probe methods exhibit the same demagnetization and
recovery timescales. We further show that the ultrafast demagnetization in Ni
is indeed a magnetic phase transition that is launched within 20 fs, followed
by demagnetization of the material within ~200 fs, and subsequent recovery of
the magnetization on timescales ranging from 500 fs to >70 ps. We also provide
evidence of two competing channels with two distinct timescales in the recovery
process, that suggest the presence of coexisting phases in the material.
