British music group EMI has received a number of takeover approaches it said today.
The confirmation, which sent share prices up several per cent, came after a report that private equity firm One Equity Partners had joined the list of potential buyers for the company with a bid that would value the music group at $6 billion.
EMI is refusing to give details on how many buyers had approached the company or their identity. It also said there was no certainty that an offer would be made.
In March, EMI rejected a bid from Warner Music, worth $4.2 billion. At the time, it said the offer was inadequate and not in the interests of its shareholders.