Sony to acquire Mubadala’s stake in EMI Music Publishing in $1.9 billion deal

Sony to acquire Mubadala’s stake in EMI Music Publishing in $1.9 billion deal

A wholly owned Sony subsidiary, Sony Corporation of America, reached an agreement to buy all of the interest in EMI Music Publishing that is currently held by a consortium of Abu Dhabi’s Mubadala Investment for about $1.9 billion. Sony said it expects to pay a total of about $2.3 billion for the majority stake in EMI Music Publishing, which it hopes will strengthen its entertainment portfolio, the Japanese company said Tuesday. That additional $400 million…

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