Investment platform Hargreaves Lansdown agrees £5.4bn takeover
by Kalyeena Makortoff from World news | The Guardian on (#6PVG3)
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 requires shareholder approval.
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