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Evening Standard
Evening Standard
Business
Michael Hunter

Hargreaves Lansdown to leave London listing behind as it backs £5.4 billion private equity bid

Hargreaves Lansdown London Peter Hargreaves CVC

Hargreaves Lansdown backed the £5.4 billion bid for the FTSE 100 fund manager today from a private equity consortium, a deal that will end its time as a listed company. 

The Bristol-based finance firm has been listed in London since 2007. It said today that the final offer valued its shares at 1140p in cash and would include a 30p per share dividend for the financial year which ended on 30 June.

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