The tussle between Blackstone and Apollo-backed Concord helped push up Hipgnosis’ share price by about 50% since it kicked off in mid-April. Concord was outbid by its rival after sticking to a final ...
Blackstone has spent the past few months battling with music rights owner Concord for control of Hipgnosis © Michael Nagle/Bloomberg Blackstone sweetens Hipgnosis ...
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 upped its offer for Hipgnosis Songs Fund by $0.01 (less than a penny) in an attempt to sweeten the deal for shareholders in its takeover pursuit. Today, the American private equity ...
Among the companies with reports and trading updates today are GSK, Marlowe, Franchise Brands, WH Ireland and Frasers Group.
Sony Music is in talks to buy Queen’s back catalogue of songs in a deal worth $1bn (£790m). The US record company is ...
Sony Music is reportedly in talks to buy Queen's music catalogue for nearly $1bn (£800m). The rock band, fronted by Freddie ...
Ackman’s a giant investor in Fannie Mae and Freddie Mac, two housing finance agencies nationalised during the 2008 crisis.
Oil prices have slumped nearly 4pc despite Opec production cuts amid signs that Saudi Arabia will struggle to maintain caps ...
European and US indices started the first trading day of June off on a positive note on Monday, as memestock Gamestop surged and hopes for earlier interest rate cuts percolated. Meanwhile, the FTSE ...
The two businesses had previously agreed to a deal that will see Hipgnosis taken off the public markets. On Monday Blackstone, a US private equity firm, said it had revised its offer price after ...
Blackstone has upped its bid for Hipgnosis Songs Fund by one cent as it gets closer to snapping up the music rights owner of artists from Beyonce to Blondie. The two businesses had previously ...