The woes of Hargreaves Lansdown, Britain’s DIY-investing titan

The Hargreaves Lansdown Head Office at night in Bristol.

2024-07-04  649  中等

Yet its glory days are behind it. In the past year Hargreaves Lansdown has crashed out of the FTSE 100 index of most valuable companies on the London Stock Exchange, and lost a CEO and a chairwoman. Its share price is down by half from its peak in 2019, which has attracted the interest of would-be buyers. The company’s board has said it is minded to accept an offer from a consortium of private-equity funds, which includes CVC Capital Partners; they have been given until July 19th to table a binding offer. Peter Hargreaves, the company’s co-founder and still its largest shareholder, has blamed the firm’s previous management for the “shambles”.

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