In a inventory trade discover right now (9 August), the platform mentioned the provide value represents a 54.1% premium to its closing value of 740p as of 11 April 2024 – they day earlier than the consortium initially approached HL’s board.
Hargreaves Lansdown takeover provide deadline prolonged for a 3rd time
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 2024, which the platform mentioned it’s going to anticipate to pay by no later than the tip of November 2024.
The PE consortium has additionally offered an alternate provide to its money conside…
