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; william.horobin@dowjones.com

Stock News for Sony (SNE)
DateTimeHeadline
07/01/201405:37:05ASIA MARKETS: Japan Stocks Climb To One-week High On Rising China...
05/22/201408:50:08Sony CEO Promises Turnaround to Bear Fruit Soon
05/15/201417:10:12Point72 Bets on BlackBerry and Booz Allen
05/15/201416:54:14Point72, Formerly SAC Capital, Bets on BlackBerry and Booz Allen
05/06/201418:07:51Electronic Arts Profit Grows 14%, Plans Share Buyback
05/02/201406:09:14ASIA MARKETS: Asia Stocks Mostly Higher Ahead Of U.S. Jobs Report
05/01/201406:57:48ASIA MARKETS: Asian Shares Mixed, With Japan Up On Earnings
04/21/201417:30:16Netflix Sees Raising U.S. Prices
04/04/201413:10:05Intertrust Settles Patent Suit Against Apple
03/27/201416:28:16TECH STOCKS: GameStop, King Digital Among Tech Decliners
03/18/201419:36:17Sony Pictures to Cut 216 Jobs
02/20/201418:10:32Time Inc. Invests in New Online Sports Network
01/29/201411:34:24TECH STOCKS: Yahoo's Weak Results Drag On Tech Stocks
01/28/201417:10:09Electronic Arts Reports Revenue Decline
11/21/201313:30:15Third Point Discloses $1 Billion SoftBank Position
11/18/201317:13:52TECH STOCKS: Sony Rises After PlayStation 4 Launch; Techs Wobble
11/18/201311:05:18TECH STOCKS: Sony Stands Out In Mild Tech Action
11/14/201307:21:26GAMCO Asset Management Inc. 3Q 13F: Largest -2-
11/14/201307:21:26GAMCO Asset Management Inc. 3Q 13F: Largest Purchases
11/01/201301:26:07ASIA MARKETS: Asian Stocks Fall After China PMI Shows Weakness

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 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad