M&AFinancial ServicesRUMOURED
Warburg Pincus and CD&R in advanced talks to buy Canaccord's UK wealth unit
Value
£1.0Bn
Acquirer
Warburg Pincus and CD&R
Target
Canaccord Genuity Wealth Management UK
Private equity firms Warburg Pincus and Clayton, Dubilier & Rice (CD&R) are reportedly in advanced buyout discussions for Canaccord Genuity Wealth Management's UK division. The deal is expected to value the business at over £1 billion.
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