The report comes after Nashville-based Concord sweetened its bid for Hipgnosis on Wednesday to $1.25 per share, slightly higher than Blackstone's previous proposal of $1.24.
The private equity giant has bid £1.26 billion for Hipgnosis, which owns the rights to music from artists including Beyonce ...
The new offer from Blackstone will be a significant improvement on the bid made by Concord, which has been recommended by the board of Hipgnosis, Sky News said, citing people familiar with the matter.
Colombian singer Shakira performs with Argentine record producer and songwriter Bizarrap on the Sahara Stage during the Coachella Valley Music and Arts Festival in Indio, California, on April 12 ...
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 ...
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 ...
(MENAFN- Live Mint) " (Bloomberg) -- Private equity firm Blackstone Inc. made a new proposal worth about $1.5 billion to purchase Hipgnosis Songs Fund Ltd., topping a bid made last week by music ...
, opens new tab which owns the music rights of artists including Shakira and Blondie, Sky News reported on Sunday. Blackstone's bid will trump independent music company Concord's proposal of $1.25 ...
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Hipgnosis Songs Fund, the London-listed company that owns the rights to songs by Justin Timberlake and Shakira, on Monday said it is now considering putting its weight behind a takeover offer ...
(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 ...