Hargreaves Lansdown extends takeover deadline again
Hargreaves Lansdown
1,107.00p
16:35 09/09/24
0.18%
2.00p
Hargreaves Lansdown said on Monday that it has once again extended the deadline for a consortium led by CVC Advisers and the Abu Dhabi Investment Authority to make a firm offer for the investment platform.
Financial Services
16,162.54
16:49 09/09/24
1.85%
294.25
FTSE 250
20,650.88
16:49 09/09/24
n/a
n/a
FTSE 350
4,557.85
16:49 09/09/24
n/a
n/a
FTSE All-Share
4,513.72
17:14 09/09/24
n/a
n/a
The ‘put up or shut up’ deadline has been extended to 9 August, having previously been pushed back to 1700 BST on Monday.
HL said "discussions with the consortium remain ongoing".
The company had said in June that it would be willing to recommend a firm takeover approach at 1,140p a share from the consortium, or £5.4bn.