A final offer has been made to buy the UK’s largest investment platform.
A group of private equity investors have tabled a £5.4bn offer, which the board of Hargreaves Lansdown has recommended to shareholders.
The consortium is comprised of CVC, Nordic Capital and Platinum Ivy, which is owned by the Abu Dhabi Investment Authority.
Hargreaves Lansdown employs about 2,400 people, most of whom work in its flagship offices at Bristol’s harbourside. In their offer document the consortium has committed to keeping the main HQ in the city.
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