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Hargreaves Lansdown to be sold for £5.4bn

Private equity-backed consortium gets latest offer through in landmark deal for investment platform

By Kristen McGachey
The Bristol-based DIY funds giant had already rejected multiple offers
The Bristol-based DIY funds giant had already rejected multiple offers Photo: Dinendra Haria/Getty Images

Hargreaves Lansdown has finally reached a deal with a consortium of private equity heavyweights that will acquire the investment platform giant for £5.4bn.

Hargreaves Lansdown has been locked in discussions for months with CVC, Nordic Capital and Platinum Ivy, a subsidiary of the Abu Dhabi Investment Authority, over a potential takeover deal.

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