Investment platform Hargreaves Lansdown agrees £5.4bn takeover
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 09 2024
0mins
Source: Yahoo Finance
Takeover Agreement: Hargreaves Lansdown has accepted a £5.4bn takeover offer at £11.40 per share from a private equity consortium, pending shareholder approval, which will significantly benefit its billionaire founders.
Impact on London Stock Market: This acquisition marks another departure of a major company from the London Stock Exchange, highlighting ongoing challenges for the market as firms seek listings in more favorable financial hubs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
