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 ...
, opens new tab by a cent to $1.31 from $1.30 as part of a revised bid that would value the firm at nearly at $1.6 billion, the Financial Times reported on Monday. The deal will need approval from ...
The two businesses had previously agreed to a deal that will see Hipgnosis taken off the public markets. On Monday Blackstone, a US private equity firm, said it had revised its offer price after ...
Hipgnosis had been at the centre of a bidding war between Blackstone and Concord. Blackstone has upped its offer for Hipgnosis Songs Fund by $0.01 (less than a penny) in an attempt to sweeten the ...
Apollo-backed Concord has bowed out of a bidding battle for Hipgnosis Songs Fund after saying it will stick with its lower offer, despite being outbid to buy the music rights owner of artists ...
Lyra Bidco, a wholly-owned Blackstone company, has increased its offer for Hipgnosis Songs Fund (SONG) to $1.31 per share, pushing the total consideration to just over $1.58bn. The revised bid comes ...
A takeover battle erupted over Hipgnosis Songs Fund today, after private equity giant Blackstone revealed it had made a rival bid for the investment trust. Last week, Concord Chorus, an American ...
Blackstone has upped its bid for Hipgnosis Songs Fund by one cent as it gets closer to snapping up the music rights owner of artists from Beyonce to Blondie. The two businesses had previously ...
Blackstone has spent the past few months battling with music rights owner Concord for control of Hipgnosis © Michael Nagle/Bloomberg Blackstone sweetens Hipgnosis ...
(Reuters) -Blackstone will sweeten its offer for Hipgnosis Songs Fund by a cent to $1.31 from $1.30 as part of a revised bid that would value the firm at nearly at $1.6 billion, the Financial Times ...
Blackstone has upped its offer for Hipgnosis Songs Fund by $0.01 (less than a penny) in an attempt to sweeten the deal for shareholders in its takeover pursuit. Today, the American private equity ...
Blackstone has increased its bid for Hipgnosis Songs Fund up by a mere one cent, edging closer to clinching the deal with the music rights owner that boasts a roster from Beyonce to Blondie.