Round Hill Music sets out full terms of takeover scheme

Needs vote ‘in favour’ in court hearing

Eve Maddock-Jones
clock • 2 min read

The board of the Round Hill Music Royalty fund (RHM) has published the full disclosure of its $468.8m takeover offer by Concord and timetable of events.

In an RNS release today (25 September), the board outlined the full details of the offer along with a timeline of events if all goes according to plan. Concord entered an agreement with the trust on 11 September to take over the company, which according to the latest update, RHM's board expects to be completed by 31 October 2023. Prior to this, RHM shareholders will need to vote in favour of the scheme at a court meeting and a general meeting, both on 18 October. Round Hill Music Royalty fund agrees to $470m takeover offer The board urged shareholders to vote in favour of the de...

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