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
UK's Hargreaves Lansdown set to agree $6.9 bln takeover by CVC-led consortium https://t.co/CJ3g3Mm0Hy https://t.co/FIqoUuUjjp
Hargreaves Lansdown says it will accept private equity buyout offer https://t.co/FlWyRJdvb1
Hargreaves Lansdown ‘willing to recommend’ £5.4bn takeover proposal https://t.co/JdNlmo5nqx
⚠️ HARGREAVES LANSDOWN’S BIGGEST SHAREHOLDER OPEN TO ACCEPTING NEW BID - BLOOMBERG NEWS
Peter Hargreaves, co-founder of Hargreaves Lansdown and its biggest shareholder, says he will consider backing the offer to buy the investment platform by a group of private equity buyers https://t.co/ksfhMBG2UH
Hargreaves Lansdown supports £5.4bn private equity takeover https://t.co/RisJkDoBob
Hargreaves Lansdown to seek bid extension amid CVC-led talks Read more 🔗 https://t.co/TjYiFuFZkf
A group of private equity buyers makes a fresh bid for Hargreaves Lansdown that values the investment platform at £5.4 billion https://t.co/zN2fTW0dWL via @loukia_g @markets #PrivateEquity
A group of private equity buyers makes a fresh bid for Hargreaves Lansdown that values the investment platform at £5.4 billion https://t.co/qgxphMyoBR
⚠️ HARGREAVES LANSDOWN PLC - SETS DEADLINE FOR HL TAKEOVER DECISION TO JULY 19