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Blackstone mounts $1 5bn counterbid for Hipgnosis Songs Fund

Blackstone has launched a counteroffer for Hipgnosis Songs Fund (SONG), offering a 6.9% share price uplift on last week’s Concord Chorus offer.

Hipgnosis Songs and Tyman jump on takeover talk

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. Amongst individual stocks, Ocado boosted the FTSE 100.

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