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LONDON (Reuters) -Peter Hargreaves, the biggest shareholder in UK retail investment platform Hargreaves Lansdown, is open to taking the company private and has held talks with investors recently about a transaction, three people familiar with the matter told Reuters. Hargreaves Lansdown said on Thursday it rejected a 4.67 billion pound ($5.95 billion) takeover proposal from a consortium led by CVC Advisers and the Abu Dhabi Investment Authority, saying it "substantially" undervalued its prospects. Hargreaves, co-founder of Hargreaves Lansdown, wants to hold on to his about 19.8% stake and would prefer a take private at a higher price, one of the people said, speaking on condition of anonymity.

Abu dhabiAbuz abyUnited arab emiratesCity ofUnited kingdomElisa martinuzziAnousha sakouiAmy jo crowleyStephen lansdownHargreaves lansdownPeter hargreavesJane merrimanAlun johnAbu dhabi investment authority