Today news
About the same in other media
Blackstone urges Hipgnosis shareholders to 'take no action' as it weighs response to Concord bid
Reading now: 464
investmentweek.co.ukOn Wednesday (24 April), the board said it had agreed to the US-based music rights group's increased all-cash offer to acquire the portfolio at $1.25 per share, which values the trust at around $1.51bn. Concord's new offer, which represents a rise of around 7.8% on its previous bid, trumps Blackstone's offer to buy the trust's assets for $1.24 per share, or $1.5bn, announced over the weekend. Concord Music trumps Blackstone's bid for Hipgnosis Songs with raised $1.51bn offer Blackstone's latest remarks come as shareholders await its next move. Hipgnosis Song Management has the rig...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Can you afford to take care of your children and parents? Biden revives effort to lower costs abcnews.go.com /7 months ago
US releases first tranche of student visa appointments in India for September 2024 intake economictimes.indiatimes.com /7 months ago
US courts may take note of India’s stance on TikTok: FCC chief Brendan Carr economictimes.indiatimes.com /8 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
