On 31 October 2024, the Turkish Competition Board unconditionally approved in writing the acquisition of Hargreaves Lansdown plc (LON:HL).
Hargreaves Lansdown is set to be acquired by Harp Bidco Limited, a newly formed company indirectly owned by CVC Private Equity Funds, Nordic Capital XI Delta, SCSp (acting through its general partner, Nordic Capital XI Delta GP SARL) and Platinum Ivy B 2018 RSC Limited.
On 9 August 2024, the HL Independent Directors and the board of directors of Bidco announced that they had reached agreement on the terms and conditions of a recommended final cash acquisition of the entire issued and to be issued ordinary share capital of HL by Bidco. Under the terms of the…
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