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Company Statement: Impala expects sale of EMI to Universal to be blocked outright

( November 11, 2011, 17:09 GMT | Official Statement) -- MLex Summary: Impala confirmed again that it will formally oppose the sale of EMI to Vivendi, who is the parent company of Universal Music Group (UMG). Further, it added that they expect the regulators to block the transaction quickly, even if UMG offers to increase the divestments it is prepared to make. Currently it has stated to be ready to make divestmets worth up to 500 million euros.The full statement follows:...

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