Today (February 11), the UK’s Competition and Markets Authority (CMA) has confirmed its provisional decision over Sony‘s $430 million buyout of AWAL – and it’s given the deal the green light. The approval concludes a months-long investigation into SME’s acquisition of AWAL from Kobalt Music Group in early 2021.
Source: Sony Music’s $430m buyout of AWAL provisionally cleared by UK competition watchdog