CVC Advisers Limited today provided an update on the proposed acquisition of Hargreaves Lansdown by Harp Bidco Limited, a newly formed company indirectly owned by CVC Private Equity Funds, Nordic Capital XI Delta, SCSp and Platinum Ivy B 2018 RSC Limited.
On 27 February 2025, the UK Financial Conduct Authority (FCA) gave written notice approving each acquisition of control in respect of a UK authorised person contemplated by the Acquisition. Accordingly, all of the conditions to the Acquisition relating to antitrust and regulatory approvals have now been satisfied.
Completion of the Acquisition remains subject to the Court sanctioning the Scheme at the Court Hearing, delivery of a copy of the Court Order to the Registrar of Companies and the satisfaction (or, where applicable, waiver)…
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