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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
08/29/201617:24:28Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/29/201617:03:37Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/29/201608:10:00Mylan, Feeling Heat on EpiPen Price, Will Offer Cheaper Generic
08/26/201617:05:10Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/26/201616:57:21Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/26/201616:54:19Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/26/201616:15:07Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/26/201616:07:57Current Report Filing (8-k)
08/26/201613:10:00Tesla Raises Price of Autopilot Option by $500
08/26/201610:00:00Citi Third Quarter 2016 Fixed Income Investor Review
08/25/201608:30:00Mylan Boosts Price Assistance for EpiPen Amid Backlash
08/25/201603:04:00Big Taxi Owner's Public Surrender Of Cabs Is Halted -- WSJ
08/24/201620:03:00Judge Blocks Taxi King's Abandonment of Cabs in Lender Dispute
08/24/201616:41:00Judge Blocks Taxi King's Abandonment of Cabs in Lender Dispute
08/24/201614:00:00J.P. Morgan Creates Executive Role to Lead Cloud Services
08/23/201616:42:11Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/23/201613:40:00Sony to Raise Price of PlayStation Plus Service
08/23/201613:21:13Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/23/201610:46:18Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
08/23/201604:01:00Citi Supports Mtel in Launch of CreditCheck App in Hong Kong

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