Complex sentence: For the first six months of his tenure Levy led the consolidation of EMI and Virgin Group into one company with distinct content streams and branding, resulting in overheads savings of £250 million on an annual basis.
Split into simpler sentences: For the first six months of his tenure Levy led the consolidation of EMI and Virgin Groups into one company with distinct content streams and branding. This exercise resulted in overheads savings of £250 million on an annual basis.