Final offer of £5.4bn for Hargreaves Lansdown takeover

Quick Summary:

Plans for the financial firm's future have been announced by the company's new owners.

The consortium is composed of CVC, Nordic Capital and Platinum Ivy, which is owned by the Abu Dhabi Investment Authority.

The plan moving forward is to invest in technology infrastructure, digital channels and service enhancement, the group added.

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Article Details

Category: Business

Markets: United Kingdom

Topics: Group Investment Hargreaves Shareholders Deal Invest Offer Consortium Final Lansdown

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 14:45:55 (4 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 413 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 22057985

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Main Topics: Business

Official Website: bbc.co.uk

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Year Established: 1922

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News Last Updated: 22 hours ago

Coverage Areas: United Kingdom

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