Shareholders of Hargreaves Lansdown will be asked to approve the recommended final cash acquisition of HL at a meeting next month, ahead of the company’s annual general meeting in December.
In a stock exchange notice today (26 September), the platform said shareholders will be asked to greenlight the deal to takeover HL by Harp Bidco, a private equity consortium led by CVC Capital Partners, at shareholder meetings on 14 October. As a result, HL's upcoming AGM will be held in December this year, having previously been scheduled for 22 October, with the exact date in December to be communicated to shareholders in due course. The company's board also noted that a dividend of 30p per share will be paid to shareholders on 1 November, based on HL's full-year 2024 dividend for...
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