Blackstone ups Hipgnosis bid to $1.58bn

Follows discussions with board

James Baxter-Derrington
clock • 1 min read

Lyra Bidco, a wholly-owned Blackstone company, has increased its offer for Hipgnosis Songs Fund (SONG) to $1.31 per share, pushing the total consideration to just over $1.58bn.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Saba doubles Henderson Smaller Companies stake as activist continues to buy

Saba doubles Henderson Smaller Companies stake as activist continues to buy

Ups stake to 10.2%

Linus Uhlig
clock 29 January 2026 • 1 min read
British Land reaches agreement to buy ailing Life Science REIT

British Land reaches agreement to buy ailing Life Science REIT

Company valued at £150m

Michael Nelson
clock 28 January 2026 • 2 min read
MIGO's Charlotte Cuthbertson: Patience not an option where NAV value traps lurk

MIGO's Charlotte Cuthbertson: Patience not an option where NAV value traps lurk

'Deep discounts, deeper opportunities'

Charlotte Cuthbertson
clock 27 January 2026 • 5 min read
Trustpilot