News Formal

UK investment platform Hargreaves Lansdown agrees to $6.9 billion takeover by CVC consortium

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

Hargreaves Lansdown PLC Nouvelles

Dividends,Abu Dhabi,London

Hargreaves Lansdown, the U.K.'s biggest stockbroker, said it had agreed to $6.94 billion by a consortium including CVC Capital Partners.

Hargreaves Lansdown has agreed to a takeover offer from private equity firms CVC Group and Nordic Capital, along with Abu Dhabi's sovereign wealth fund.

Abu Dhabi's sovereign wealth fund and private equity investor Nordic Capital are also part of the consortium, which said this offer was final. In September 2023, the investment platform — whose rivals include Interactive Investor and AJ Bell — outlined a new strategy that included a renewed focus on clients, speeding up innovation and implementing savings measures.

"The consortium's offer of 1,110p per share plus a 30p dividend is recommended by the board and will be supported by two of the biggest shareholders as well, the founders," the analysts, led by Julian Roberts, said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

UK investment firm Hargreaves Lansdown agrees to $6.9 billion takeover by CVC consortiumBritish 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.
La source: CNBC - 🏆 12. / 72 Lire la suite »