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Majority of Hargreaves Lansdown shareholders vote in favor of acquisition offer by CVC, Nordic Capital

Hargreaves Lansdown plc (LON:HL) has announced the results of a general meeting of its shareholders held earlier today.

The purpose of the meeting was to vote on the proposed acquisition 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.

HL announced that the Court Meeting to consider and approve the Scheme and the General Meeting to consider and pass the Special Resolution relating to the Acquisition were each held today and the requisite majorities:

  • of Scheme Shareholders voted…
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