Hargreaves Lansdown , Britain's largest investment platform, said on Tuesday it expects the completion of its agreed 5.4 billion pound ($7 billion) takeover by an international consortium in the first quarter of 2025.
Retail investment platform Hargreaves Lansdown PLC (LSE:HL.) saw increased customer inflows into tax-advantaged accounts like SIPPs and ISAs over the past three months thanks to anxiety over tomorrow's Autumn Budget from Labour Chancellor Rachel Reeves.
Hargreaves Lansdown PLC (LSE:HL.) investors are now preparing to be taken private after the company confirmed this morning it had approved the £5.4 billion offer from a consortium including CVC, Nordic Capital and Platinum Ivy.
News of investment platform Hargreaves Lansdown PLC (LSE:HL.) formally accepting a £5.4 billion private equity takeover offer has overshadowed what turned out to be better-than-expected full-year financial results.
British investment firm Hargreaves Lansdown said on Friday it had agreed to a takeover offer of £5.44 billion ($6.94 billion) by a consortium including CVC Capital Partners.
Wealth-management platform Hargreaves Lansdown PLC (LSE:HL.) has formally agreed to be taken over by a consortium of private equity firms at a price of 1,140p per share.
Britain's largest investment platform Hargreaves Lansdown on Friday agreed to a 5.4 billion pound ($6.9 billion) takeover by an international consortium, which is betting on grabbing market share in the competitive UK wealth market.
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