X

Report: More Than 10 Bid For EMI Prior To Deadline

image from www.google.com More than 10 bidders made offers to Citigroup for EMI Music Group prior to a first round deadline late last week. Interest was “robust” according to the London's Times newspaper quoting unnamed bank insiders. Price estimates for EMI have ranged from $2.3 - $3.3 billion. Bidders are said to include:

  • Sony Music Entertainment
  • Universal Music Group
  • Len Blavatnik’s Access Industries, the new owners of WMG
  • Investor Ronald Perelman
  • Investor Tom Gores
  • Kohlberg Kravis Roberts in a joint bid with Bertelsmann
  • Oaktree Capital

 


Leave a Reply

Message
Your Name *
Your Email *
Website

Contact us

ARE YOU IN NEED OF A QUALIFIED
POST PRODUCTION PARTNER?

JUST WANT TO SAY HELLO?

Send us a message using the contact form. We never pass up an opportunity to talk shop.