Universal/EMI deal approved in Canada
Universal Music's proposed £1.2bn acquisition of EMI has been cleared by regulators in Canada.
The news follows similar clearances of the deal in New Zealand and Japan.
“We are pleased that the Canadian Competition Bureau has cleared Universal Music’s proposed acquisition of EMI with no objections," a UMG spokesperson told Music Week tonight.
"Our investment in EMI will create more opportunities for new and established artists, expand music output and consumer choice, and support new digital services. We welcome ...
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