Hargreaves Lansdown, Mergers and acquisitions, Business, Private equity, UK news, London Stock Exchange, FTSE, Stock markets Business | The Guardian
Big payday for founders after offer by private equity consortium that means London stock market exitHargreaves Lansdown has agreed a £5.4bn takeover by private equity suitors that will give hundreds of millions of pounds to its billionaire founders and result in the investment supermarket becoming the latest company to leave the London stock market.Board members of the FTSE 100 company recommended the £11.40-a-share offer, which still requires shareholder approval. Continue reading…
Big payday for founders after offer by private equity consortium that means London stock market exit
Hargreaves Lansdown has agreed a £5.4bn takeover by private equity suitors that will give hundreds of millions of pounds to its billionaire founders and result in the investment supermarket becoming the latest company to leave the London stock market.
Board members of the FTSE 100 company recommended the £11.40-a-share offer, which still requires shareholder approval.
