Discover the latest development in the Blackstone takeover bid for Hipgnosis Songs Fund with an increased offer of $1.31 per ...
The deal will need approval from 75% of voting shareholders of Hipgnosis, that owns the music rights of artists such as Shakira and Red Hot Chili Peppers, the newspaper said, citing people familiar ...
Blackstone has spent the past few months battling with music rights owner Concord for control of Hipgnosis © Michael Nagle/Bloomberg Blackstone sweetens Hipgnosis ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone has won the backing of Hipgnosis Songs Fund’s board as the US private equity group seeks to ...
Hipgnosis Songs Fund’s private equity suitor has improved its offer for the music rights owner to $1.6 billion and ...
May 9 (Reuters) - Blackstone looked set to clinch its $1.57 billion deal for Hipgnosis Songs Fund after Apollo-backed Concord said on Thursday it would stick with its lower bid for the music ...
NEW YORK, June 3 (Reuters Breakingviews) - Steve Schwarzman’s buyout shop has perfected the art of the cap rate. But has it ...
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 ...
Shares in Hipgnosis, which also owns rights to songs by The Chainsmokers, were down 2.1% at 1.024 pounds ($1.28) in morning trade. They have soared 48% since Concord's first offer on April 18. The ...
(Reuters) - Private equity giant Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund which owns the music rights of artists including Shakira and Blondie, Sky News reported on ...