London close: Stocks manage gains as BoE holds rates
9th May 2024 15:21
(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.
Read moreBlackstone leads Hipgnosis race as Concord says bid is final
9th May 2024 08:13
(Sharecast News) - Private equity giant Blackstone appeared to have emerged as the winner in the race to buy troubled music rights owner Hipgnosis Songs Fund after Apollo-backed Concord said its latest $1.25-a-share offer was final.
Read moreLondon close: Stocks manage to finish above the waterline
29th Apr 2024 15:08
(Sharecast News) - London markets showed resilience on Monday, finishing in the green as investors looked to the start of the US Federal Reserve's policy meeting.
Read moreBlackstone ups bid for Hipgnosis with $1.57bn offer
29th Apr 2024 07:02
(Sharecast News) - Music rights owner Hipgnosis said it it agreed terms on a $1.57bn (£1.26bn) takeover by private equity investor Blackstone, in the latest tit-for-tat battle with rival Concord.
Read moreBlackstone confirms possible $1.5bn offer for Hipgnosis
22nd Apr 2024 07:44
(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 moreHipgnosis faces $1.4bn takeover by Concord Chorus
18th Apr 2024 07:41
(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 moreLondon close: Stocks slip ahead of central bank decisions
18th Mar 2024 15:33
(Sharecast News) - London markets closed with a slight downturn on Monday as investors monitored upcoming rate decisions from a number of central banks.
Read moreLondon close: Stocks languish ahead of Wednesday's Budget
4th Mar 2024 15:29
(Sharecast News) - London's stock markets finished in the red on Monday, reflecting investor apprehension ahead of the impending Spring Budget.
Read moreHipgnosis Songs Fund asset value falls on independent review
4th Mar 2024 09:52
(Sharecast News) - Hipgnosis Songs Fund updated the market on ongoing strategic review on Monday, reporting a notable reduction in the company's fair value after a detailed report from Shot Tower Capital.
Read moreHipgnosis Songs Fund seeking indemnity from founder
5th Feb 2024 07:16
(Sharecast News) - Hipgnosis Songs Fund said in an update on Monday that it was looking for indemnity from its founder amid a legal battle with Hipgnosis Music.
Read moreHipgnosis: investment manager refuses to drop controversial call option
23rd Jan 2024 09:47
(Sharecast News) - The investment advisor to Hipgnosis Songs Fund has refused to drop a controversial call option, the troubled music rights owner confirmed on Tuesday.
Read moreHipgnosis proposes £20m payment to entice bidders
18th Jan 2024 11:06
(Sharecast News) - Troubled music rights owner Hipgnosis Songs Fund has asked shareholders to vote on a special resolution intended to help attract potential bidders.
Read moreLondon close: Stocks finish weaker amid uninspiring data
21st Dec 2023 16:03
(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, despite a rebound on Wall Street in early trading, as investors digested lacklustre government borrowing and retail sales data.
Read moreLondon close: Stocks manage gains amid holiday slowdown
19th Dec 2023 15:02
(Sharecast News) - London's financial markets showed resilience on Tuesday, maintaining positive momentum despite the usual holiday slowdown.
Read moreHipgnosis appoints Robert Naylor as chairman
7th Nov 2023 10:10
(Sharecast News) - Music rights owner Hipgnosis said on Tuesday that it has appointed Robert Naylor as chairman of the board with immediate effect, replacing Andrew Sutch.
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