Hipgnosis Songs Fund Ltd on Sunday said it would be minded to accept an official cash bid from Blackstone Inc, should one be forthcoming.
Hipgnosis Songs Fund, a music investment company, which has.
TOP NEWS: Hipgnosis Songs would back possible Blackstone counter bid lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
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.
Concord will pay USD1.16,.
Stock prices in London opened higher on Thursday, with the FTSE 100 supported by some promising corporate updates.
Market sentiment in Europe was confident on Thursday morning, though tech shares in.
London s FTSE 100 is called to open higher on Thursday, shaking off a miserable session for US tech shares overnight.
Despite the somewhat improved situation in the Middle East, stocks wobbled.