Today news
About the same in other media
Jefferies: Hargreaves Lansdown bid rejection does not end offer process
Reading now: 592
Writing in a research note, analysts Julian Roberts, Tom Mills, Laura Gris Trillo and Fangfei Li highlighted the consortium led by CVC has until 5pm on 19 June to confirm whether or not it will make a further offer. Rejected by HL's board, the 26 April 985p per share offer was made at a 30% premium to the contemporary share price. However, on the back of the news, HL's share price has traded considerably higher, currently at 1,066p per share, according to data from Morningstar Direct. Hargreaves Lansdown rejects bid from private equity consortium The move has squeezed the short po...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Boeing firefighters ratify a contract with big raises, which they say will end a three-week lockout abcnews.go.com /6 months ago
BHP Group drops its bid for Anglo American, ending plans to create a global mining giant abcnews.go.com /6 months ago
Google Doodle celebrates Georgia Independence Day 2024. Check details here livemint.com /6 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
