Evening Standard

Blackstone raises Hipgnosis bid to £1.26bn in takeover battle

Source: PA Wire

Hipgnosis Songs Fund has agreed to a 1.56 billion US dollar (£1.26 billion) takeover by US private equity giant Blackstone in the latest twist in the battle to buy the music rights owner of artists including Beyonce and Mark Ronson.

Blackstone is offering 1.30 US dollars (£1.04) a share for the

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