British investment fund supermarket Hargreaves Lansdown has said it will accept a proposed offer from a trio of private equity investors, meaning another of the UK’s biggest companies will leave the FTSE 100 index.
In a stock market filing on Tuesday, the company said that the US private equity firm CVC, Denmark’s Nordic Capital and a subsidiary of the Abu Dhabi Investment Authority (ADIA) had made an offer worth £11.40 a share in cash.