Hipgnosis is raising another $210 million via a new share issue on London Stock Exchange

The money will be used to “to acquire a substantial pipeline of songs”, said Hipgnosis, including “some of the most influential and successful songs of all time.” The placement opened today, and is expected to close on July 6 – although Hipgnosis reserves the right to close it earlier or later than this date.

Source: Hipgnosis is raising another $210 million via a new share issue on London Stock Exchange