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Exclusive-Hargreaves Lansdown's biggest shareholder open to take company private, sources say

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. ....

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Exclusive-Hargreaves Lansdown's Biggest Shareholder Open to Take Company Private, Sources Say

Exclusive-Hargreaves Lansdown's Biggest Shareholder Open to Take Company Private, Sources Say
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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Pound holds firm after British PM calls July election

Sterling held its gains,
while UK stock futures fell on Wednesday, after Prime Minister
Rishi Sunak called a general election for July 4.
Sterling was last up 0.25% on the day at. ....

City Of , United Kingdom , Amanda Cooper , Dhara Ranasinghe , Alun John , Prime Minister Rishi Sunak ,

Sterling holds firm as British PM calls July election

Sterling held onto its gains,
while UK stock futures fell on Wednesday, after Prime Minister
Rishi Sunak called a general election for July 4.
The British currency was last up 0.25% on. ....

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