Hargreaves Lansdown investigates £600m floatation

Hargreaves Landown is eyeing a possible £600m flotation among a number of options for the firm.
Head of research Mark Dampier says Lexicon Partners has been appointed in explore all the options for the future of the company including the possibility of going public.
The firm’s two founders chief executive Peter Hargreaves and chairman Stephen Lansdown each own around 40 per cent of the business with the rest owned by other staff.
Dampier says: “The firm is looking at all options for the future from a trade sale to a float.”

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