Investment platform Hargreaves Lansdown agrees £5.4bn takeover
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 09 2024
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Should l Buy ?
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.
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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.
