Hargreaves Lansdown confirmed on Thursday that it had rejected a 985p per share takeover offer from a consortium comprising of CVC, Nordic Capital and Platinum Ivy, which is a wholly-owned subsidiary of Abu Dhabi Investment Authority.
Stock prices in London closed slightly higher on Wednesday, as investors look firmly ahead to Friday s key inflation reading from the US.
Amongst individual stocks, DS Smith rose on the back of.
LONDON MARKET CLOSE: FTSE 100 treads water ahead of US PCE data lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
Stock prices in London were largely higher at midday on Thursday, shrugging off bad news for the UK construction sector, as investors began to adjust to the higher for longer narrative around interest.
JP Morgan upgraded its rating for Rio Tinto and raised target prices across the iron ore sector after turning more positive on the outlook for iron ore prices.