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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 21, 2018 - PR Newswire

 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 approximately 90% of the equity interest in EMI Music Publis...