Private equity giant Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund which owns the music rights of ...
Blackstone Inc. is finalizing a revised offer to buy Hipgnosis Songs Fund Ltd. as the private equity firm looks to intensify ...
Blackstone offered 1.30 US dollars (£1.04) a share for the company, trumping rival suitor Concord Chorus’ 1.25 US dollars (£1 ...
US-based Concord made an initial offer worth £1.12 billion on April 18, which Blackstone then upped with a £1.2 billion bid ... call option to make a higher offer for the Hipgnosis portfolio ...
HSM owns a call option that allows it to buy the Hipgnosis portfolio for the highest of the fair value of the portfolio, the ...
opens new tab which owns ... adding that Blackstone will lodge its improved bid as early as Monday. Blackstone declined to comment on the report while Hipgnosis deferred to Blackstone on a request ...
The private equity giant has bid £1.26 billion for Hipgnosis, which owns the rights to music from artists including Beyonce ...
Blackstone is putting its money where its mouth is. Last week, Concord – partly financed by Apollo Global Management – ...
Blackstone offered 1.30 US dollars (£1.04) a share for the company, trumping rival suitor Concord Chorus’ 1.25 US dollars (£1) a share bid ... to make a higher offer for the Hipgnosis ...
(Reuters) - Apollo-backed Concord said on Thursday it will stick with its offer of $1.25 apiece for Hipgnosis Songs Fund, ...
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines ... In a note to staff, UMG Chairman and CEO Sir Lucian Grainge said ...