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CD&R and Warburg Pincus in talks to buy Canaccord Wealth, sources say

Private equity firms CD&R and Warburg Pincus are in advanced talks for a joint takeover of Canaccord Genuity’s British wealth arm, Canaccord Wealth, according to two people familiar with the matter.

CD&R and Warburg Pincus are in talks to acquire Canaccord Genuity’s British wealth arm, Canaccord Wealth, according to two people familiar with the matter. The two private equity groups are in advanced discussions over a joint takeover after emerging as a leading bidder in an auction.