Friday 29 March 2024
 
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EMI

Universal wins approval for EMI deal

Vivendi's Universal Music Group won European and US approval for its $1.9 billion purchase of EMI's recorded music business, with the EU requiring the company to sell labels that account for about a third of the British company's rev

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EMI Group sold for $4 billion

EMI Group, home of The Beatles and Coldplay, has been sold in two parts for $4.1 billion. Vivendi's Universal Music Group said yesterday that it has agreed to buy the recording division of EMI for £1.2 billion ($1.9 billion). T

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EMI Group sold for $4 billion

EMI Group, home of The Beatles and Coldplay, has been sold in two parts for $4.1 billion. Vivendi's Universal Music Group said yesterday that it has agreed to buy the recording division of EMI for £1.2 billion ($1.9 billion). T

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Sony secures Abu Dhabi funds for EMI bid

Sony Corp has secured financing from Abu Dhabi's investment fund for its bid for British music company EMI, the Financial Times reported, citing people close to the auction. Sony now has backing from Mubadala, the Abu Dhabi fund, and inves

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Manufacturing ‘slows in emerging markets’

Manufacturing growth in the emerging markets slowed sharply from a record pace set in first quarter of this year, said a report. Although output remains above the long-term average, it is below the average seen before the financial crisis,

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