Sony to acquire EMI music publisher in US$1.9b deal
TOKYO: Japanese entertainment giant Sony on Tuesday (May 22) announced a deal to acquire the music publishing firm and record label EMI for a price of around US$1.9 billion.
 |
| Sony signed a deal with Abu Dhabi-based investment firm Mubadala to buy its 60 per cent holding in EMI, giving the Japanese firm an indirect stake of approximately 90 per cent. (AFP/Toru YAMANAKA) |
Sony signed a deal with Abu Dhabi-based investment firm Mubadala to buy its 60 per cent holding in EMI, giving the Japanese firm an indirect stake of approximately 90 per cent, Sony said in a statement.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:
Related Contents
Latest News
More News
- SABECO to elevate Vietnam's beverage industry to global standards (November 21, 2024 | 17:36)
- ABeam Consulting Vietnam introduces BSQCD Purchasing Strategy Framework (November 21, 2024 | 16:40)
- Major railway requires debt considerations (November 21, 2024 | 12:07)
- Reviving a new life cycle for plastic waste (November 21, 2024 | 09:16)
- Key balances maintained for industrial production (November 21, 2024 | 08:00)
- Ecolean Vietnam honoured with prestigious sustainability award (November 19, 2024 | 10:01)
- HEINEKEN Vietnam’s clear path towards net-zero (November 18, 2024 | 15:13)
- VLCA 2024 honours corporate governance excellence as listed companies raise the bar (November 18, 2024 | 09:00)
- High-tech personnel to drive competition (November 17, 2024 | 09:21)
- Rising use of Generative AI Apps boosts consumer interest in differentiated connectivity (November 16, 2024 | 09:41)
Mobile Version