Jul 3, 2007 • 1 min read

EC expected to approve Terra Firma EMI purchase

The European Commission is expected to approve Terra Firma's proposed takeover of EMI within two weeks, ahead of a new 13 July deadline for shareholders to commit.

Talking of takeovers, the European Commission is expected to approve Terra Firma's proposed takeover of EMI in the next two weeks - ie ahead of the new 13 Jul deadline that the private equity firm has now set for existing shareholders in the major to commit to sell their stake.

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