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Private equity buyers, including CVC Advisers and ADIA, are contemplating a potential offer for investment manager Hargreaves Lansdown. The company rejected a £5bn takeover bid, leading to a surge in its shares. Speculation on high costs and management competence has been a topic of discussion.
Private ownership of Hargreaves Lansdown would have its advantages https://t.co/5vFMfN1XKu | opinion
Shares in Hargreaves Lansdown have jumped after it rejected a £4.6bn takeover offer from a consortium led by Abu Dhabi’s wealth fund and the private equity giant CVC Capital Find out more ⬇️ https://t.co/KpVfVtJtUF
Hargreaves Lansdown Shares Jump After Investment Platform Becomes Private-Equity Takeover Target https://t.co/K1pQzEcjZK