However, private equity giant Blackstone has come forward with a $1.24 (£1) per share proposal valuing the London-listed business at £1.2billion. Hipgnosis shares were 11 per cent higher at ...

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However the weekend saw Blackstone muscle in on the deal with a £1.2bn offer, the latest in a series of bids. “The Board, having reviewed the Proposal with its financial adviser, Singer Capital ...

The board of directors of the music royalty fund say they would switch their support from Concord's bid to the private equity giant's offer if Blackstone makes it official. By Elizabeth Dilts ...

The London-listed music rights investment group Hipgnosis Songs Fund is prepared to recommend a $1.5 billion takeover approach from Blackstone if the US investment group makes a firm bid.

Hipgnosis would “be minded to recommend to its shareholders” a firm bid from Blackstone, the board said. The board of Hipgnosis has said it would recommend a bid from private equity giant ...

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 ...

The already-complicated battle over control of Hipgnosis Songs Fund grew even more so on Saturday, as the private equity firm Blackstone bid $1.5 billion to the troubled fund — which includes ...

The already-complicated battle over control of Hipgnosis Songs Fund grew even more so on Saturday, as the private equity firm Blackstone bid $1.5 billion to the troubled fund — which includes ...

The private equity titan Blackstone is this weekend drawing up plans for a £1.2bn takeover bid for the owner of songs performed by Blondie, the Kaiser Chiefs and the Red Hot Chili Peppers.

By Elizabeth Dilts Marshall editor Private equity giant Blackstone bid $1.5 billion to buy Hipgnosis Songs Fund on Saturday (April 20), marking a significant escalation in the fight for control of ...

(Bloomberg) -- Blackstone Inc.’s Strategic Partners unit sold a $1.1 billion portfolio of private equity fund interests to Ares Management Corp. Most Read from Bloomberg Traders Are Cashing Out ...