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Hipgnosis Songs backs new bid as Blackstone eclipses Concord

Hipgnosis Songs Fund Ltd on Monday backed a USD1.57 billion takeover offer from Blackstone Inc, trumping a previous offer from Concord Chorus Ltd, as the pursuit for the music rights publisher took.

LONDON BRIEFING: Hipgnosis Songs Fund backs new Blackstone bid

LONDON BRIEFING: Hipgnosis Songs Fund backs new Blackstone bid
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Hipgnosis Songs Fund backs new Blackstone bid

London s FTSE 100 is called to open higher on Monday, with heady gains for US tech stocks on Friday brightening the mood in Europe and Asia at the start of the new week. Focus this week will be on.

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