ADVFN - Advanced Financial Network.
HOME» NYSE » S » SNE Stock Price » SNE Stock News

Sony Share News

 Sony Corp Stock Price
SNE Stock Price
 Sony Corp Stock Chart
SNE Stock Chart
 Sony Corp Stock News
SNE Stock News
 Sony Corp Company Information
SNE Company Information
 Sony Corp Stock Trades
SNE Stock Trades

Vivendi's Universal Buys EMI Recorded Music Unit For GBP1.2 Billion

PARIS -(Dow Jones)- French media conglomerate Vivendi SA's (VIVEF, VIV.FR) Universal Music Group confirmed Friday it will buy EMI Group's recorded music unit for GBP1.2 billion from Citigroup Inc. (C). Vivendi will finance the transaction from its existing credit lines. Concurrently, Vivendi and Universal will also sell EUR500 million worth of non-core Universal assets, the French company said. "We are confident that we will be able to create additional value for our shareholders thanks to our knowledge of the industry and our proven track record of successful integration," Vivendi Chief Executive Jean-Bernard Levy said. Stephen Folk, Citigroup vice chairman and chairman of the board of EMI Group, said the transaction maximizes the value of EMI. -By William Horobin, Dow Jones Newswires; +33 1 4017 1737; [email protected]

Stock News for Sony (SNE)
DateTimeHeadline
01/10/201703:30:00Record-Breaking Asia's Got Talent Set to Return to AXN
01/03/201703:03:00Rogue One' Leads Again -- WSJ
12/12/201616:20:00Tribune Media's CEO Liguori to Advise Sony Board
12/12/201610:00:00EU Fines Sony, Panasonic, Sanyo $175 Million for Cartel
12/08/201623:30:00Asia Currencies Hit by ECB Easing, but Stocks Mostly Gain
12/08/201609:20:00Streaming Again Boosts Warner Music
11/29/201611:20:00Nintendo-Themed Attractions Coming to Universal Parks & Resorts
11/24/201623:00:00Asian Shares Stronger With Nikkei at 10-Month High
11/23/201607:40:00A Ho-Hum Holiday for Videogame Sales
11/20/201620:50:00Fantastic Beasts' Takes Top Spot at Box Office
11/15/201619:10:00October Internet Attack Targeted PlayStation Network, Researchers...
11/03/201623:30:00Asia Stocks Falter as Political Concerns Build
10/30/201622:10:00Inferno' Gets Burned at Box Office; 'Madea Halloween' Stays on...
10/26/201607:40:00Comcast Reports Strong Earnings
10/25/201617:40:00AT&T CEO Says Time Warner Deal Not About Raising Prices
10/25/201607:45:00Tech Companies Poised to Cash In on Virtual Reality Market
10/20/201623:50:00Asian Shares Lower; Hong Kong Markets Shut Due to Typhoon
10/20/201612:00:00Nintendo's Next System Will Be Playable at Home or on the Go
10/20/201600:10:00Nintendo to Lift Veil on NX Videogame System
10/19/201617:40:00AT&T Seeks to Shake Up Pay TV

Sony and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US