UK statistics office hit by new data problem as some price data paused
Japanese firms agree to 5.4% wage hike, top union group's second estimate shows
UK gas producer Energean terminates Carlyle deal over approval delays
Greece extends by a year visas for Turkish nationals to visit islands
Salzgitter blames weak sales outlook on Germany's stagnation, trade tensions
French film star Depardieu faces trial over sexual assault allegations
Greenland sees tourism boost following Trump's attention and new airport
(Reuters) - Blackstone on Monday raised its offer for Hipgnosis Songs Fund by a cent to $1.31 per share, valuing the music rights owner of artists such as Shakira and Red Hot Chili Peppers at $1.58 billion.
The revised offer in part reflects "Hipgnosis incurring lower adviser fees in respect of the transaction than previously expected", the private equity fund said in a statement.
Blackstone, which won Hipgnosis's board backing for the deal in April, said the deal is expected to close by June 14.
Apollo-backed Concord terminated its proposed $1.51 billion offer for Hipgnosis last month.
(Reporting by Anchal Rana in Bengaluru; Editing by Mrigank Dhaniwala)
