Apollo-backed Concord increases Hipgnosis price in bidding war with Blackstone
Private Equity Wire
APRIL 25, 2024
Concord, a US investment group backed by Apollo Global Management, has raised its bid for Hipgnosis Songs Fund (HSF) to $1.5bn, surpassing a competing offer from Blackstone and initiating a bidding war, according to a report by the Financial Times. on its original bid, or 42.6% per share for HSF. per share for HSF.
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