Blackstone looks set to emerge victorious in its battle for Hipgnosis Songs Fund, after rival bidder, Apollo-backed Concord, decided not to raise its bid. Despite competing fiercely to buy the ...
Hipgnosis agreed late last month to a higher 1.56 billion US dollar (£1.25 billion) takeover by US private equity firm Blackstone in what marked the latest twist in the takeover tussle.
US private equity firm Blackstone has upped its bid for embattled music rights publisher Hipgnosis as it looks to change its takeover offer to a so-called 'scheme of arrangement'. Under a scheme ...
Blackstone has upped its bid for Hipgnosis Songs Fund by one cent as ... and Mergers to switch to a scheme of arrangement. It sets the stage for Blackstone to buy all the shares in the music ...
Blackstone will sweeten its offer for Hipgnosis Songs Fund by a cent to $1.31 from $1.30 as part of a revised bid, the ...
Blackstone and Hipgnosis did not immediately respond to Reuters' requests for comment. Blackstone is a majority shareholder in Hipgnosis' investment adviser, HSM, which manages artists and ...
Lyra Bidco, a wholly-owned Blackstone company, has increased its offer for Hipgnosis Songs Fund (SONG) to $1.31 per share ...
will sweeten its offer for Hipgnosis Songs Fund by a cent to $1.31 from $1.30 as part of a revised bid, the Financial Times ...
Blackstone has spent the past few months battling with music rights owner Concord for control of Hipgnosis, a London-listed group that owns a portfolio of 138 catalogues with more than 40,000 songs.
Under the revised terms, Blackstone are set to pay $1.31 per Hipgnosis share for a total $1.58bn (£1.27bn) if the deal is ...