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Private equity buyers have made a new bid for Hargreaves Lansdown, valuing the investment platform at £5.4 billion. The company's biggest shareholder, Peter Hargreaves, is considering backing the offer. Hargreaves Lansdown is expected to agree to a $6.9 billion takeover by a CVC-led consortium.
Don't double down on losers, Hargreaves Lansdown edition Lindsell Train is the biggest shareholder in $HL, with 12.83% (17-Jun form 8.3) LT is longstanding holder, but also bought another 2% in 2020 (in Apr and Dec) Even with the PE offer (£11.40), these are still under water https://t.co/DsGOR0TeCV https://t.co/5vDPu7DWmk
Hargreaves Lansdown $HL board to recommend new offer from private equity consortium Consortium of CVC, Nordic Capital, Abu Dhabi 1,140p/share, incl. 30p in FY24 final dividend Option for shareholders to roll over their shares https://t.co/ac4uTt1d7t
Hargreaves Lansdown, the FTSE 100 personal investment platform, is expected to extend talks with a consortium of private investors who have proposed buying the company in a deal worth about £5bn. Read more 🔗 https://t.co/TjYiFuFZkf
