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Hargreaves Lansdown, a financial services firm, is in talks with a consortium led by CVC Capital and Abu Dhabi's wealth fund for a £5.4bn takeover at a price of 1,140p per share in cash, with an option for shareholders to choose a rollover equity alternative. The company rejected a previous £4.7bn offer but is now open to recommending the latest bid, engaging in negotiations and providing due diligence access. The consortium's offer, subject to conditions, has prompted discussions that might lead to a takeover of the FTSE 100 firm, potentially impacting the London Stock Exchange. Major shareholders like Peter Hargreaves are considering the offer, with an extended deadline for a firm bid set for July 19th.
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- Last Updated
- 46 days ago
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