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The group, belonging to Terra Firma was announced a few days before his owner of capital is defined for its confrontation of the hearing room in New York with the Citigroup Investment Bank.

There was speculation Friday evening whether pension fund announcement is linked to a future refinancing or break-up of the EMI.However, sources said that the time was just a "coincidence".Au August EMI, he appeared in Maltby Capital, music, EMI pension fund deficit could be North of 115 m group holding company accounts ￡ and perhaps more than 200 million of ￡.

A multi-year plan payment has been agreed between the Group and trustee of the Fund to provide 197 m ￡ in additional funds, including immediate payment of 16 million from ￡. The final payment under the scheme will be April 2016.

EMI was ordered by the regulator of pension away in its pension scheme. Pension expert John Ralfe stated that size of the deficit "could theoretically push the company administration.

But other sources said at the time that EMI could easily additional payments for the shortfall that he has made several hundreds of millions of pounds in favour, even after the interest payments.

In his statement Friday, EMI confirmed that pensions regulator confirmed that its mandate is acceptable.As a result, the hearing before the regulator decisions group was annulé.Roger Faxon, EMI Group CEO, said: "I am very pleased that we were able to work with the trustee Board to resolve all outstanding issues and to reach amicable agreement designed to assure the safety of their pension fund members.

Court case to decide the fate of ￡ 4 5.3 acquisition of Terra Firma of IME is set to begin Monday, although there is still a chance that a regulation may come for the weekend s.a.m.hands and David Wormsley, head investment UK of Citigroup, are currently in New York in preparation to appear in court.

L'affaire rotates autour Terra Firma claims that Citi has caused to pay the EMI more would be referring to the existence of a competing bidder musique.CITI society rejects the allegations.

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