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Yahoo Finance
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Yahoo Finance UK
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Reuters
Blackstone set to sweeten Hipgnosis offer as part of revised bid, FT reports
The deal will need approval from 75% of voting shareholders of Hipgnosis, that owns the music rights of artists such as Shakira and Red Hot Chili Peppers, the newspaper said, citing people familiar with the matter. The offer would also require approval from the UK's Takeover Panel, and an announcement of the deal could come as early as Monday, the report said. Blackstone and Hipgnosis did not immediately respond to Reuters' requests for comment.