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-Mubadala-led Investor Group and Sony Reach Agreement for Sony to Acquire All of Mubadala's Interest in EMI Music Publishing

May 22, 2018 - ENP Newswire

Abu Dhabi, UAE; Tokyo, Japan; and New York, USA -Mubadala Investment Company ('Mubadala') and Sony Corporation ('Sony') today announced that they have signed a legally binding memorandum of understanding ('MOU') for the sale of the Mubadala consortium's approximately 60% equity interest in EMI Music Publishing to Sony Corporation of America, a wholly owned subsidiary of Sony, based on an enterprise value of $ 4.75 billion.

As a result of the transaction, Sony will indirectly own approximat...