It’s over: FTSE 100 giant Hargreaves Lansdown receives £5.4bn private equity bid August 9, 2024 Hargreaves Lansdown has finally received an official bid from potential private equity buyers that management is prepared to recommend to shareholders. The £11.10 share bid, along with a dividend of 30 pence for the end of the financial year, came after months of negotiations between the DIY platform business and the consortium of private equity [...]
Hargreaves Services’ profit slumps due to issues at company’s German joint venture August 6, 2024 Industrial services group Hargreaves has seen its profit for the year slashed almost in half despite delivering revenue in line with the previous 12 months.
Hargreaves Lansdown extends takeover deadline for third time August 5, 2024 Hargreaves Lansdown has for the third time extended the deadline for a group of private equity bidders to make a firm £5.4bn takeover offer during a crucial week for the UK’s biggest retail investment platform.
Hargreaves Lansdown enters crunch week for £5.4bn takeover bid August 4, 2024 Hargreaves Lansdown will need to convince shareholders why it is recommending a £5.4bn bid to take the investment platform private if a formal offer is made this week.
Private equity giants face deadline for Hargreaves Lansdown bid June 17, 2024 Peter Hargreaves and Stephen Lansdown, who co-founded the platform in 1981, collectively own a quarter of the company's shares.
Hargreaves Lansdown founder watching takeover bid ‘with interest’ May 24, 2024 The founder of investment platform Hargreaves Lansdown has said he watching the takeover attempt by a consortium of private equity investors "with interest" after news of the bid came to light this week.
Hargreaves Lansdown shares surge after bid from private equity giants May 23, 2024 Hargreaves Lansdown has rejected a takeover bid by a consortium of private equity investors including CVC and Abu Dhabi's sovereign wealth fund, the company confirmed today.
Mark Kleinman: Czech is on way to sceptical Royal Mail investors May 23, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Ozempic and Wegovy: What happens when a drug goes viral? May 18, 2024 Novo Nordisk's Wegovy and Ozempic have been heralded as the solution to the world's growing obesity problems. But when celebrities and influencers misuse them and start documenting their weight loss journeys online, should we take stock?
Hargreaves Lansdown: Revenue boosted by UK investors going overseas April 30, 2024 Overall, Hargreaves Lansdown reported net new business inflows of £1.6bn in the quarter, flat quarter-on-quarter.