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Hargreaves Lansdown, a prominent UK investment platform, has agreed to a takeover by a private equity consortium. The deal values the company at £5.4 billion, equivalent to $6.9 billion. The acquisition highlights the ongoing interest of private equity firms in the financial services sector. The consortium's offer has been accepted, marking a significant shift in the ownership of Hargreaves Lansdown.
UK's Hargreaves Lansdown agrees $6.9 bln takeover by consortium https://t.co/nypcTHqoq8 https://t.co/igtBaqRSpy
Britain’s Hargreaves Lansdown agrees to £5.4-billion takeover by international consortium https://t.co/FzxDiTp1VA
Investment platform Hargreaves Lansdown agrees £5.4bn takeover by private equity (PE) Unregulated PE has its tentacles in every sector. Its high debt, profiteering, asset-stripping will have dire consequences. No govt wants to get-off its bended knees. https://t.co/B8PVb0L9ZT
