Hargreaves Lansdown Agrees to £5.4 Billion ($6.9 Billion) Takeover by Private Equity

Aug 9, 2024, 07:05 AM

Hargreaves Lansdown, a prominent UK investment platform, has agreed to a takeover by a private equity consortium. The deal values the company at £5.4 billion, equivalent to $6.9 billion. The acquisition highlights the ongoing interest of private equity firms in the financial services sector. The consortium's offer has been accepted, marking a significant shift in the ownership of Hargreaves Lansdown.