A number of top firms including Latham & Watkins, Reed Smith, Shoosmiths, DLA Piper and Ashurst are advising as the U.S.’s Apollo-backed Concord Chorus Group takes private the embattled London Stock Exchange-listed music investor Hipgnosis, in yet another blow to the U.K’s premium stock market.
Concord, which has agreed to acquire Hipgnosis for $1.4 billion, is embarking on the takeover “with the support of its long-term financing partner, Apollo”, according to a filing on the London Stock Exchange on Friday.
