Final month the funding platform rejected a £4.7bn takeover bid from a non-public fairness consortium, comprising of CVC Capital Companions, Nordic Capital, and Platinum Ivy, a subsidiary of Abu Dhabi’s sovereign wealth fund.
The consortium had approached Hargreaves Lansdown a number of occasions previously relating to a suggestion, however no agency bid had been made till April.
Within the newest month-to-month factsheet of the belief, which has been a long-term shareholder of the corporate, Prepare stated he was watching developments not simply at HL, however “throughout the entire sector with curiosity”.
Lindsell Prepare IT’s guess on…