Universal has said that it would make EUR500m worth of divestments in EMI as part of its purchase, however IMPALA has said that even if this amount increases, a merger of the two music groups would not be accepted.

The major is already under investigation by the European Commission over its tie-up with Live Nation and IMPALA added it wasn't the first time had run foul of the regulatory body - pointing to its purchase of BMG in 2006 when ...