Blackstone Inc wants to acquire Hipgnosis Songs Fund for $1.57 billion
REVISED RECOMMENDED CASH ACQUISITION OF HIPGNOSIS LONDON, UK: Blackstone Inc. through Lyra Bidco Limited has agreed to a cash acquisition of Hipgnosis Songs Fund Limited. The transaction, valued at approximately $1.57 billion (equivalent to £1.26 billion), will be executed as a takeover offer under section 337 of the Companies Law, with an alternative Scheme option…