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UK investment platform Hargreaves Lansdown agrees to $6.9 billion takeover by CVC consortium - TL;DR CNBC

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

Publishing timestamp: 2024-08-09 04:33:36


Summary

Hargreaves Lansdown agrees to a takeover offer from private equity firms and Abu Dhabi's sovereign wealth fund, despite analysts believing there is greater value in the company in the medium term. The offer represents a 54% premium to the pre-offer share price.


Sentiment: MIXED

Tickers: HL.-GB

Keywords: business newslondonhargreaves lansdown plcdividendsabu dhabi

Source: https://www.cnbc.com/2024/08/09/cvc-consortium-to-buy-uk-investment-firm-hargreaves-lansdown-for-6point9-billion.html


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