LONDON MARKET OPEN: Hipgnosis jumps on Blackstone rival offer
(Alliance News) - Stock prices in London opened higher on Monday, as investors shook off nerves ahead of a key US inflation reading later this week.
Read moreTo provide shareholders with an attractive and growing level of income, together with the potential for capital growth, from investment in songs and associated musical intellectual property rights.
Find out MoreWed, 16th Jun 2021 07:20
(Alliance News) - Stock prices in London opened higher on Monday, as investors shook off nerves ahead of a key US inflation reading later this week.
Read more(Sharecast News) - Shares in Hipgnosis Songs Fund spiked again on Monday when private equity outfit Blackstone made a potential $1.5bn offer to buy the troubled music rights investor, setting up a bidding war with Concord Chorus.
Read more(Alliance News) - Stocks in London are called to open higher, as investors eye some key FTSE 250 takeovers.
Read more(Alliance News) - Hipgnosis Songs Fund Ltd on Sunday said it would be "minded" to accept an official cash bid from Blackstone Inc, should one be forthcoming.
Read more(Alliance News) - Stock prices in London closed up on Thursday, despite the prospect of higher for longer US interest rates hanging over stocks, while initial jobless claims for the week came in steady.
Read moreHipgnosis shareholders will get $1.16 per share
*Read more(Alliance News) - Stock prices in London opened higher on Thursday, with the FTSE 100 supported by some promising corporate updates.
Read more(Alliance News) - Hipgnosis Songs Fund Ltd on Thursday said it has agreed to a USD1.40 billion cash takeover from music rights acquirer Alchemy Copyrights, which trades as Concord Chorus Ltd.
Read more(Alliance News) - London's FTSE 100 is called to open higher on Thursday, shaking off a miserable session for US tech shares overnight.
Read more(Sharecast News) - Shares in troubled Hipgnosis Songs Fund rocketed by a third on Thursday after the music rights investor said it had agreed a $1.4bn takeover by US-based Concord Chorus, a music and theatrical rights firm, in attempt to end months of infighting over the company's leadership and secure its future.
Read moreHipgnosis Songs Fund Ltd - London-based music investment company - Promotes Non-Executive Director Cindy Rampersaud to senior independent director, effective from Friday last week. Rampersaud has been on the music royalty investor's board since August last year.
Read more(Alliance News) - Hipgnosis Songs Fund Ltd on Thursday confirmed the valuation of its portfolio was in line with an earlier estimate, giving its shares a boost.
Read more(Sharecast News) - London markets closed with a slight downturn on Monday as investors monitored upcoming rate decisions from a number of central banks.
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