EMI auf strammem Sparkurs
Major record label EMI is planning “radical cost cuts, including a further reduction in its 3,500-strong workforce,” in a bid to make the company more attractive to investors, the Telegraph reported. Terra Firma, the private equity firm that acquired EMI for $4.7 billion before the recession hit, is seeking an additional more than $160 million from investors, in order to meet loan repayment deadlines and prevent a possible takeover by lender Citigroup.
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Schlagworte: EMI, Investoren, pleite, sparen, Terra Firma Capital Partners
