Hargreaves Lansdown considers £5.4bn takeover bid from CVC Capital and Abu Dhabi's wealth fund at 1,140p per share.
Financial services firm Hargreaves Lansdown is open to accepting a new £5.4bn takeover bid from a consortium led by private equity firm CVC Capital and Abu Dhabi's wealth fund. The offer values the company at 1,140p per share, with a 30p annual dividend for investors. The board of Hargreaves Lansdown has confirmed that they would recommend the offer to shareholders if a firm intention to make an offer is announced. The consortium has been given an extended deadline until July 19 to confirm whether they will make a firm offer.
June 18, 2024
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