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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff

Investment platform Hargreaves Lansdown agrees £5.4bn takeover

Hargreaves Lansdown Peter Hargreaves CVC London London Stock Exchange Stock Market
Hargreaves Lansdown logo on a smartphone in front of company's logo
Hargreaves Lansdown board members have recommended the £11.40-a-share offer, which still requires shareholder approval. Photograph: Dado Ruvić/Reuters

Hargreaves Lansdown has agreed a £5.4bn takeover by private equity suitors that will give hundreds of millions of pounds to its billionaire founders and result in the investment supermarket becoming the latest company to leave the London stock market.

Board members of the FTSE 100 company recommended the £11.40-a-share offer, which requires shareholder approval.

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