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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

YOU WONT BELIEVE: Hargreaves lansdown says it will accept private equity buyout offer | Mind Blowing Facts

Hargreaves Lansdown logos
Hargreaves Lansdown would leave the London Stock Exchange if the bid by CVC, Nordic Capital and a subsidiary of ADIA was successful. Photograph: Dado Ruvić/Reuters

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.

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