EARNINGS AND TRADING: Man Group profit rises; Petershill AUM increases
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Hipgnosis Songs Fund Ltd - London-based music investment company - Resolutions to pass scheme of arrangement by which bid by Blackstone will be implemented approved at court meeting and general meeting. Scheme expected to become effective on July 29. Read More
Hipgnosis Song Management Ltd - London-based music investment company - Says Merck Mercuriadis, founder and chair intends to step down. His departure will be effective upon closing of the proposed acquisition by Lyra Bidco Ltd, owned by Blackstone-managed funds. Mercuriadis says: "Six years after founding HSM, I have decided that now is the right time for me to step back from my role as [chair]. This is a timely opportunity for me to undertake a strategic shift of focus, and to spend more time advocating on behalf of songwriters to ensure that they are properly compensated for their work." Read More
(Alliance News) - Hipgnosis Songs Fund Ltd on Tuesday said its takeover by Blackstone Inc has edged closer. Read More
(Alliance News) - London's FTSE 100 is set to tread water on Tuesday, with a slump for US tech shares overnight keeping a lid on enthusiasm. Read More
(Alliance News) - Hipgnosis Songs Fund Ltd has agreed to a slightly improved takeover offer from US private equity firm Blackstone Inc, the two companies announced on Monday. Read More
(Alliance News) - Concord Chorus Ltd on Thursday said it terminated its proposed takeover offer for Hipgnosis Songs Fund Ltd, after it was outbid by Blackstone Inc in its pursuit of the music rights investor. Read More
(Alliance News) - Concord Chorus Ltd on Thursday said it will not raise its bid for Hipgnosis Songs Fund Ltd, handing victory to Blackstone Inc in its pursuit of the music rights investor. Read More
(Alliance News) - London's FTSE 100 was higher heading into Monday afternoon, though trade was more cautious in mainland Europe, as focus turns to this week's Federal Reserve interest rate decision. Read More
(Alliance News) - The ongoing fight to win control of Hipgnosis Songs Fund Ltd was a reward for "long-suffering" investors, analysts on Monday said. Read More
(Alliance News) - Hipgnosis Songs Fund Ltd on Monday backed a USD1.57 billion takeover offer from Blackstone Inc, trumping a previous offer from Concord Chorus Ltd, as the pursuit for the music rights publisher took another twist. Read More
(Alliance News) - Stocks in London opened at a record high on Monday, as a key week for equities got off to a solid start. Read More
(Alliance News) - London's FTSE 100 is called to open higher on Monday, with heady gains for US tech stocks on Friday brightening the mood in Europe and Asia at the start of the new week. Read More
(Alliance News) - Hipgnosis Songs Fund Ltd on Wednesday said it had reached an agreement on the terms of an increased takeover offer from music rights acquirer Alchemy Copyrights, which trades as Concord Chorus Ltd. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
(Alliance News) - London's FTSE 100 surged on Monday, with blue-chip equities supported by an easing of geopolitical worry, and hope that the Bank of England is getting a handle on UK inflation. Read More
(Alliance News) - Hipgnosis Songs Fund Ltd's investment adviser, Hipgnosis Song Management, on Monday hit back against claims that it was to blame for the "many issues" affecting the company. Read More
(Alliance News) - Stock prices in London were higher at midday on Monday, as investors eye some key US data as attention turns away from the Middle East for now. Read More
(Alliance News) - Stock prices in London opened higher on Monday, as investors shook off nerves ahead of a key US inflation reading later this week. Read More
(Alliance News) - Stocks in London are called to open higher, as investors eye some key FTSE 250 takeovers. Read More