Hargreaves Lansdown ‘willing to recommend’ £5.4bn CVC-led takeover to shareholders June 18, 2024 Hargreaves Lansdown has said it is ready to recommend a takeover to its shareholders today after a group of private equity bidders led by CVC rounded again with a fourth non-binding cash offer for the firm.
‘An encouraging signal’: Private equity nerves settle as Labour sets limit on tax raid June 18, 2024 A Labour government will allow private equity dealmakers to continue to benefit from a lower tax treatment on profits when their own cash is at risk, shadow chancellor Rachel Reeves has suggested.
Inside London’s most exclusive thoroughbred sale – where horses change hands for millions June 18, 2024 The Goffs London Sale has in recent years become the most exclusive curtain raiser in town as well as one of the most prestigious sales of thoroughbreds in the world.
Peel Hunt chief: If you give a sh*t about the City, you should be very alarmed June 18, 2024 The boss of Peel Hunt has said the City “should be very alarmed” about its future as he defended a string of warnings from the investment bank over the state of the UK’s capital markets.
‘Heartbroken’: Major buy-now pay-later firm collapses after failing to find a buyer June 17, 2024 Buy-now pay-later firm Laybuy has collapsed into receivership today after efforts to find a rescue buyer failed.
Hipgnosis Songs Fund pays directors extra £250,000 for work on deal June 17, 2024 If the sale goes through, all fiver directors are expected to step down from the fund.
Private equity giants face deadline for Hargreaves Lansdown bid June 17, 2024 Peter Hargreaves and Stephen Lansdown, who co-founded the platform in 1981, collectively own a quarter of the company's shares.
King’s birthday honours: London Stock Exchange boss among business leaders recognised June 14, 2024 The boss of the London Stock Exchange, Julia Hoggett, has been made a dame today in a list of over 1000 “change makers and innovators” to receive gongs in the King’s birthday honours list.
Plans worth £5bn to create 30,000 jobs given the green light June 14, 2024 Plans that could create more than 30,000 new jobs and attract billions of pounds of private investment to the West Midlands have been given the green light.
Exclusive: Laybuy teetering on the edge of collapse as rescue buyer fails to materialise June 14, 2024 Buy-now pay-later firm Laybuy is teetering on the edge of collapse after efforts to find a rescue buyer have so far failed, City PM understands.
