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Blackstone strikes chord with $1.6 bn bid for UK music firm
Blackstone strikes chord with $1.6 bn bid for UK music firm
by  AFP

Struggling UK music rights owner Hipgnosis Songs Fund agreed Monday to an improved $1.6-billion takeover from US private equity firm Blackstone, which trumped a rival bid from Concord. "Blackstone appears to have emerged supreme in the bidding war for the Hipgnosis Songs Fund," commented Susannah Streeter, head of money and markets at Hargreaves Lansdown.

Climate change, Brexit threaten to wilt Dutch tulips
Climate change, Brexit threaten to wilt Dutch tulips
by  AFP

Arjan Smit gazes out over his tulip fields, a riot of red and pink flowers he has cultivated all his adult life and part of a family business his grandfather started in 1940. Despite the challenges, the genial farmer is upbeat about the prospects for his son, 22-year-old Tim, who will be the fourth generation Smit running the family business.

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