Wealth Management

Hargreaves Lansdown shareholders approve £5.4bn take-private deal

Shareholders vote to approve landmark transaction

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The private equity takeover is expected to complete in the first quarter of 2025 Photo: James Beck/Getty Images

The £5.4bn sale of Hargreaves Lansdown to a group of private equity buyers has been approved by shareholders, despite some backlash from investors.

Shareholders representing around 87% of the votes green-lit the acquisition, while 13% voted against the deal, a 14 October RNS filing showed.

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