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Vivendi Mulls Virgin Records Sale To Clinch EMI Deal - Report

LONDON--Vivendi SA's (VIV.FR) Universal Music Group is mulling selling Virgin Records Ltd. to aid the regulatory approval of its GBP1.2 billion ($1.9 billion) takeover of EMI's (EMIG.YY) recorded music division from Citigroup Inc. (C), The Sunday Times, citing unnamed sources, and The Mail On Sunday, without citing sources, reported. The Virgin sale will be part of a range of concessions that Universal will present to European Union competition regulators at a meeting this week, The Sunday Times said. EU authorities have launched an in-depth probe into the deal, which would give Universal/EMI a 40% market share. Universal was immediately unavailable for comment. Newspaper Web site: http://www.timesonline.co.uk Newspaper Web site: http://www.dailymail.co.uk -London Bureau, Dow Jones Newswires; +44 (0)20 7842 9320

Stock News for Citigroup (C)
DateTimeHeadline
02/17/201718:24:00Citigroup Board Cuts 2016 Pay for CEO Michael Corbat
02/17/201717:55:13Statement of Changes in Beneficial Ownership (4)
02/17/201717:54:46Statement of Changes in Beneficial Ownership (4)
02/17/201717:54:46Statement of Changes in Beneficial Ownership (4)
02/17/201717:54:18Statement of Changes in Beneficial Ownership (4)
02/17/201717:53:52Statement of Changes in Beneficial Ownership (4)
02/17/201717:53:24Statement of Changes in Beneficial Ownership (4)
02/17/201717:52:57Statement of Changes in Beneficial Ownership (4)
02/17/201717:52:30Statement of Changes in Beneficial Ownership (4)
02/17/201717:51:21Statement of Changes in Beneficial Ownership (4)
02/17/201717:50:25Statement of Changes in Beneficial Ownership (4)
02/17/201717:49:30Statement of Changes in Beneficial Ownership (4)
02/17/201717:49:02Statement of Changes in Beneficial Ownership (4)
02/17/201717:48:35Statement of Changes in Beneficial Ownership (4)
02/17/201717:48:09Statement of Changes in Beneficial Ownership (4)
02/17/201717:47:15Statement of Changes in Beneficial Ownership (4)
02/17/201717:46:50Statement of Changes in Beneficial Ownership (4)
02/17/201717:45:33Statement of Changes in Beneficial Ownership (4)
02/17/201717:45:06Statement of Changes in Beneficial Ownership (4)
02/17/201717:44:39Statement of Changes in Beneficial Ownership (4)

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