Blackstone to Increase Bid for Hipgnosis Fund

Monday, 3 June 2024, 07:36

The private equity group Blackstone is planning to improve its offer for the Beyoncé song fund Hipgnosis to almost $1.6bn. This move is expected to raise the valuation of the London-listed group and attract more investors. The increased bid signifies Blackstone's continued interest in acquiring the popular song catalog and expanding its presence in the music industry. Investors are eagerly watching the developments to gauge the potential impact on the financial markets.

https://store.livarava.com/0f24e8d7-217d-11ef-a3f9-9d5fa15a64d8.jpg — Blackstone to Increase Bid for Hipgnosis Fund

Private equity group Blackstone to enhance bid for Beyoncé song fund Hipgnosis

Blackstone plans to increase its offer to a level that would value the London-listed group at almost $1.6bn.

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Private equity group Blackstone to enhance bid for Beyoncé song fund Hipgnosis

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