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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
03/26/201516:02:26Current Report Filing (8-k)
03/26/201515:47:03Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/26/201515:03:42Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/26/201509:29:34Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
03/26/201509:00:00Goodyear and Citi Retail Services Announce Renewal of Long-term...
03/25/201517:26:27Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/25/201511:12:09Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/25/201506:39:12Citi Appoints Catherine Cai To Head China Investment Banking
03/25/201506:02:41Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/24/201521:31:15Fiat Chrysler CEO's Testimony Starts in Jeep Lawsuit--Update
03/24/201517:25:48Fiat Chrysler CEO's Testimony Starts in Jeep Lawsuit--Update
03/24/201517:06:44Fiat CEO to Testify In Boy's Wrongful Death Lawsuit
03/24/201511:56:54Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
03/24/201510:29:01Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/23/201520:35:29Banks Shift Bond Portfolios
03/23/201518:01:59What's Good For Citigroup Is Fantastic For Real Estate Too
03/23/201517:44:29This Market Could Grow 6250% in 10 Years
03/23/201511:14:20Should I Swap My Citi Shares With HSBC Shares?
03/23/201510:51:31The Sun Is Poking Through The Clouds For Citi Investors
03/23/201510:41:45EBay Names 2 New Directors to Its Board -- Update

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