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.
Hipgnosis bidding battle hots up as Concord pips Blackstone bid April 25, 2024 This comes after Blackstone the board of Hipgnosis had said it would be “minded” to switch horses in a takeover battle should a firm offer from US private equity giant Blackstone arrive, over the weekend.
Hipgnosis bidding war shows these corporate jukeboxes are valuable after all April 24, 2024 The bidding war between Blackstone and Concord for Hipgnosis shows that the music asset class has not lost its allure, Jess Jones writes
Hipgnosis: “Minded” to go with Blackstone in takeover battle if £1.2bn bid firms up April 22, 2024 Concord had valued Hipgnosis Song Fund at $1.4bn (£1.1bn) in its bid last week, but Blackstone floated an offer seven per cent higher.