Columbia Threadneedle ‘disappointed’ as BCPT accepts cash offer from Bidco
Follows a strategic review from the trust’s board
Bidco
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Hipgnosis and Bidco boards move one step closer towards revised acquisition deal
Bidco initially revised its offer for SONG on 3 June
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Concord increases Hipgnosis bid to $1.51bn
The firm is now offering $1.25 per Hipgnosis share, topping the potential Blackstone offer by a single cent
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Concord to buy entire issued share capital of Hipgnosis
Proposed deal values Hipgnosis at $1.4bn – a 32.2% premium to its closing price last night (17 April)
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Mattioli Woods receives £432m takeover bid
If approved, the deal would see the wealth manager transition to private ownership