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
Hargreaves Lansdown $HL: We used to cover this but gave up last July largely due to unclear costs Costs are too high, and we speculated there were 3 possible reasons, including mgmt. competence Looks like private equity has figured this one out https://t.co/lXkOW83Ukt
Hargreaves Lansdown rejects £5bn private-equity takeover approach https://t.co/N9IBhkVWyc
CVC Advisers, ADIA considering possible offer for Hargreaves Lansdown https://t.co/ShocJABIpc https://t.co/g6Rb1bNgbl
A consortium of private equity buyers confirmed that it is considering a possible offer for investment manager Hargreaves Lansdown. https://t.co/4M4vWLyKry