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<a href="http://www.accessmylibrary.com/article-1G1-84150790/emi-eyes-its-labels.html" title="Facts and information about EMI eyes its labels in drive for savings. (News).">EMI eyes its labels in drive for savings. (News).</a>
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EMI eyes its labels in drive for savings. (News).
EMI is expected to look for more savings from labels if it cannot push through the sale of its manufacturing business as part of its plan to create annual savings of 65m [pounds sterling].
Reports last week, unconfirmed by EMI, suggest that the group had failed to attract acceptable offers for its manufacturing business which EMI had calculated could contribute 10m [pounds sterling] of annual cost savings. City analysts now expect Levy to continue his search for other bidders, but also for more "aggressive additional" savings, in addition to the 35m [pounds ...
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