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 ...
The two businesses had previously agreed to a deal that will see Hipgnosis taken off the ... switch to a scheme of arrangement. It sets the stage for Blackstone to buy all the shares in the ...
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 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 ...
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.
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 ...
Blackstone has spent the past few months battling with music rights owner Concord for control of Hipgnosis © Michael Nagle/Bloomberg Blackstone sweetens Hipgnosis ...
Now, Blackstone has attempted to sweeten the deal for investors, many of which had jumped into Hipgnosis since the bidding war began in an attempt to make a profit from the eventual sale.
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 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.
(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 ...
Now, Blackstone has attempted to sweeten the deal for investors, many of which had jumped into Hipgnosis since the bidding war began in an attempt to make a profit from the eventual sale. Before today ...