login / register

Apollo-backed group snaps up ailing Hipgnosis for $1.4 billion

Concord Chorus, the music rights consolidator backed by US private equity giant Apollo, has agreed to purchase beleguered Hipgnosis for just over $1.4 billion.

According to this morning's release, Hipgnosis has recommended an offer of $1.16 in cash from Concord. Below is a link to this morning's press release:..

Register

Register for free to see rest of this article and all public articles from Betaville

Login / Register
Date: Thursday, 18 April 2024, 7:29 am

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Login to join the conversation