Wealth Management

Hargreaves Lansdown shareholders approve £5.4bn take-private deal

Shareholders vote to approve landmark transaction

The private equity takeover is expected to complete in the first quarter of 2025
The private equity takeover is expected to complete in the first quarter of 2025 Photo: James Beck/Getty Images

The £5.4bn sale of Hargreaves Lansdown to a group of private equity buyers has been approved by shareholders, despite some backlash from investors.

Shareholders representing around 87% of the votes green-lit the acquisition, while 13% voted against the deal, a 14 October RNS filing showed.

WSJ Logo