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.
Mark Kleinman: A remix at Hipgnosis and accountancy drama April 25, 2024 Mark Kleinman gets the City talking with his weekly column
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.
Hipgnosis would back Blackstone bid if it makes firm offer as bidding war heats up April 21, 2024 The board of Hipgnosis has said it would recommend a bid from private equity giant Blackstone to its shareholders if the company makes a firm offer.
Takeover battle looms for Hipgnosis as Blackstone makes bid April 20, 2024 A takeover battle has begun brewing for Hipgnosis Songs Fund, after Blackstone revealed today it would be making a rival bid.
The week that was: London woes, hedge funds short on water, and confusing jobs data April 20, 2024 Confusing inflation data, further tribulations for water firms and yet more woes for the London Stock Exchange, we review another busy week in the City.
Hipgnosis board approves £1.1bn Concord takeover offer April 18, 2024 Concord, which is controlled by Alchemy Copyrights, has proposed to buy Hipgnosis in a deal valued at $1.4bn (£1.1bn).
Hipgnosis boss calls for better copyright protection and pay for struggling musicians April 10, 2024 Hipgnosis boss Merck Mercuriadis has given evidence to a report which calls for better support and copyright protection for music artists.