Universal's divestments related to its proposed £1.2bn ($1.9bn) purchase of EMI could be worth as much as £219m ($350m).

That's according to the New York Post, which claims that the music company may need to offload assets worth around a sixth of the asking price in order to win antitrust approval from EU regulators.

Assets currently rumoured to be on the chopping block include Parlophone - heavily linked with an interest from BMG - as well as Co-Op and ...