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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
02/11/201620:10:00Lawmakers Pepper Yellen With Financial Regulation Questions
02/11/201618:24:00J.P. Morgan CEO Buys 500,000 of Bank's Shares -- Update
02/11/201617:11:49Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
02/11/201616:27:16Statement of Changes in Beneficial Ownership (4)
02/11/201612:57:42Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
02/11/201612:20:54Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
02/10/201620:40:00Peabody to Draw Down Rest of Revolving Loan
02/10/201617:45:00CORRECTING and REPLACING Citigroup Declares Preferred Dividends
02/10/201613:56:25Klayman & Toskes, P.A. Wins $2.25 Million FINRA Arbitration Award...
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02/09/201612:14:31Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
02/09/201612:07:47Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
02/08/201618:53:00Citi Appointed Depositary Bank for BeiGene, Ltd.’s Sponsored A...
02/08/201617:08:23Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
02/08/201617:07:33Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
02/08/201613:20:00Total Starts North Sea Gas Project Despite Low Oil Prices
02/05/201616:58:51Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
02/05/201615:26:41Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
02/05/201615:12:27Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
02/05/201614:58:16Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)

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