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“UK investment platform Hargreaves Lansdown agrees to $6.9 billion takeover by CVC consortium”

“…British investment platform Hargreaves Lansdown said on Friday it had agreed to a takeover offer equivalent to £5.4 billion ($6.9 billion) by a group of investors including CVC Group…

Shareholders in Hargreaves Lansdown — the U.K.’s biggest stockbroker — will get 1,110 British pence per share and a dividend of 30 pence per share under the deal, the company said. Its shares rose around 2.2% in morning trading…”

https://www.cnbc.com/2024/08/09/cvc-consortium-to-buy-uk-investment-firm-hargreaves-lansdown-for-6point9-billion.html

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