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Slideshow Sony set to win EU approval for EMI deal: FT Tweet Share this Email Print Related News Sony CEO wields ax, sets turnaround targets Thu, Apr 12 2012 Sony sees record $6.4 billion loss on tax hit Tue, Apr 10 2012 Sony to ax 10,000 jobs in turnaround bid: Nikkei Mon, Apr 9 2012 EU probes Motorola after Microsoft, Apple complaints Tue, Apr 3 2012 Sony group offers to sell catalogues to get EMI unit: sources Mon, Apr 2 2012 Analysis & Opinion Previewing e-books defense: No price-fixing, no harm to readers Tennis, with strings attached Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » The right hand of Sony Corp's new President and Chief Executive Officer Kazuo Hirai is seen above the company's logo during a news conference at the company headquarters in Tokyo April 12, 2012. Credit: Reuters/Yuriko Nakao Thu Apr 19, 2012 2:48am EDT (Reuters) - A Sony-led group is set to win approval from European antitrust regulators for its $2.2 billion purchase of EMI's music publishing business, the Financial Times said, citing people involved in the negotiations. Clearance from the EU Commission, the executive body which acts as the competition regulator for the 27-country European Union, would help Sony avoid the possibility of a longer review of the deal's antitrust implications, the newspaper said. Sony had earlier offered concessions to the EU in a bid to gain approval for the planned acquisition that would see it become the biggest player in the sector. Sony will sell EMI Music Publishing catalogues that generate about 25 million euros ($33 million) in annual revenue from songwriters such as Ozzy Osbourne, Culture Club and Tears for Fears, the Financial Times said. A Commission spokesperson declined to comment to the Financial Times. A European Commission press officer had no immediate comment when contacted by Reuters. ($1 = 0.7621 euros) (Reporting by Ranjita Ganesan; Editing by Mark Potter) Tech Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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