Lansdown, who co-founded HL alongside Peter Hargreaves in 1981, informed The Instances the deal: “Offers the corporate a brand new lease of life. In a way, it isn’t the best deal on the earth, but it surely takes the corporate into one other period when it may well progress and develop”.
His feedback observe HL’s latest settlement to a £5.4bn takeover on 9 August by Harp Bidco, a personal fairness consortium led by CVC Capital Companions.
Hargreaves Lansdown agrees to £5.4bn PE takeover provide
The provide contains a money consideration of 1,110p per HL share and a dividend of 30p per HL share for the 12 months ended 30 June 2…
