Hargreaves Lansdown rejects £5bn takeover bid

Financial services giant Hargreaves Lansdown has rejected a £5 billion private equity takeover offer. The Bristol-based firm says the bid from a consortium including CVC, Nordic Capital and Platinum Ivy – the latter of which is owned by Abu Dhabi’s sovereign wealth fund – “substantially undervalues” its DIY investment platform. Made last month, it was … Continue reading Hargreaves Lansdown rejects £5bn takeover bid