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Hargreaves Lansdown takeover deadline extended amid ongoing negotiations

A consortium including private equity firms CVC and Nordic Capital are in talks to buy the fund supermarket

By Kristen McGachey

and

James Booth
The potential offer values Hargreaves Lansdown at £5.4bn Dinendra Haria/SOPA Images/LightRocket via Getty Images
The potential offer values Hargreaves Lansdown at £5.4bn Dinendra Haria/SOPA Images/LightRocket via Getty Images Photo: SOPA Images/LightRocket via Getty Images

Hargreaves Lansdown’s talks with a private equity consortium interested in acquiring the fund supermarket have been extended.

Hargreaves Lansdown has been in discussions with CVC, Nordic Capital and Platinum Ivy, a subsidiary of the Abu Dhabi Investment Authority, for the past month over whether to let the consortium swoop in and buy the business.

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