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Blackstone

  • Hipgnosis Songs Fund pays directors extra £250,000 for work on deal

    June 17, 2024

    If the sale goes through, all fiver directors are expected to step down from the fund.

  • Blackstone in ‘exclusive’ talks to buy Village Hotels

    June 4, 2024

    Private equity investor Blackstone is reportedly in exclusive talks to buy mid-market chain Village Hotels for circa £850m.

  • US private equity giant Blackstone snaps up 1,700 homes from Vistry as it drives to become major UK landlord

    June 4, 2024

    Blackstone and Regis Group have inked a deal to buy 1,700 homes from developer Vistry.  The private equity firm and its joint venture partner Regis will shell out £580m for the portfolio of new build homes across the South East of England.

  • Blackstone ups Hipgnosis takeover bid… by one cent

    June 3, 2024

    Blackstone has upped its offer for Hipgnosis Songs Fund in an attempt to sweeten the deal for shareholders in its takeover pursuit.

  • Blackstone: Investment manager enters £850m race for Village Hotels

    May 29, 2024

    Private investment giant Blackstone has reportedly entered the £850m auction to buy mid-market hotel chain Village Hotels. 

  • Blackstone triumphs in Hipgnosis bidding war as Concord refuses to raise offer

    May 9, 2024

    The bidding war first broke out on 18 April, after Concord initially offered $1.4bn for the portfolio of the music rights trust.

  • BT taps Blackstone boss to lead communications team

    May 2, 2024

    British telecoms firm BT has tapped top Blackstone executive Stephen Lewis to join its executive management team and lead all communications.

  • The Hipgnosis saga shines a spotlight on critical London failings

    April 30, 2024

    Legendary music producer Jimmy Iovine sold his future royalties, including the production rights to the Eminem vehicle movie 8 Mile

  • Hipgnosis board recommends new £1.25bn bid from Blackstone

    April 29, 2024

    Blackstone's $1.30 in cash per share bid, higher than the revised offer from Concord Music, values Hipgnosis at about $1.57bn (£1.25bn).

  • Blackstone turns up the volume in bidding war for Hipgnosis

    April 28, 2024

    Blackstone is gearing up to submit a bigger bid for the London-listed fund that owns the rights to songs by Justin Bieber and Shakira.

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