Blackstone increases Hipgnosis offer to £1.27bn
While the bid will now be executed via a scheme of arrangement
Hipgnosis Song fund
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Hipgnosis Song Management calls Shot Tower report ‘inaccurate and misleading’
Investment adviser will ‘respond to the company’s board in due course’
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Hipgnosis valuation reduced further 7.6% following double-counting error
Operative NAV reduced to 85.02p per share from 92.08p
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Hipgnosis Song fund offloads 20,000 songs from portfolio
Sale made at 14.2% discount
