With just days to go until a group of private equity heavyweights must make a new offer for Hargreaves Lansdown or walk away, market-watchers are expecting Britain’s largest investment platform to remain a hot takeover target.
A consortium of buyout giants including CVC, Nordic Capital and an Abu Dhabi Investment Authority subsidiary revealed on 22 May that they had lined up a 985p-per-share offer for the business, valuing it at roughly £4.7bn.
