News Breaks |
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| February 7, 2013 |
| 11:32 EDT |  | VIVHY | Vivendi's Universal Music to sell Parlophone to Warner Music
Universal Music Group, a fully owned subsidiary of Vivendi, announced that it has entered into a definitive agreement to sell Parlophone Label Group to Warner Music Group for GBP487M. This sale follows the approval of UMG's acquisition of EMI Recorded Music by the European Commission in September 2012. The closing of the Parlophone transaction is expected to occur later this year, following employee consultations in certain jurisdictions and subject to various regulatory approvals. Additional financial terms were not disclosed. |
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News For VIVHY From The Last 14 Days Check below for free stories on VIVHY the last two weeks. |
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| May 15, 2013 |
| 12:12 EDT |  | VIVHY | Activision Blizzard halted share buying talks with Vivendi, Bloomberg reports
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| 06:35 EDT | | VIVHY | Warner Music receives EU approval for Parlophone acquisition, Reuters says
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| May 14, 2013 |
| 15:19 EDT | | VIVHY | Vivendi weighing options for Activision stake, WSJ reports
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| 12:45 EDT |  | VIVHY | Vivendi reports Q1 adjusted EPS EU0.51 vs. EU0.64 a year ago
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| May 9, 2013 |
| 15:25 EDT | | VIVHY | Royalty talks for Apple's iRadio hit snag, FT reports
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