, 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 ...
(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 ...
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.
LONDON: Private equity firm Blackstone Inc is making a new proposal worth about US$1.5bil to purchase Hipgnosis Songs Fund Ltd, topping a bid made last week by music rights investor Concord.
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 ...