Vivendi committed to UMG/EMI deal 'whatever the cost'
Universal Music Group parent Vivendi will remain committed to Universal’s proposed £1.2bn acquisition of EMI Music regardless of the amount of divestments demanded by regulators.
The company’s finance head Philippe Capron reiterated to Reuters that there had been “constructive discussions for a long time with the regulators.”
When asked whether Vivendi would still go forward with the deal if Universal had to sell as much as 60% of EMI’s European business he answered: “At the end of the day, whatever ...
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