Hipgnosis Songs Fund Ltd raises £231m to acquire more catalogues

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Hipgnosis Songs Fund Ltd raises £231m to acquire more catalogues

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JWGPRW Bruno Mars performs 2010 Power 106 Powerhouse concert Honda Center June 19,2010 Anaheim. | Alamy Stock Photo

Hipgnosis Songs Fund Ltd, the London-listed fund that invests in music catalogues, has concluded its share sale, which the company announced last month to finance the acquisition of new song rights.

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