CD&R and Warburg Pincus in talks to buy Canaccord Wealth
Private equity groups CD&R and Warburg Pincus are in advanced discussions for a joint takeover of Canaccord Wealth, sources say.
Private equity firms 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 firms are in advanced discussions over a joint takeover after emerging as a leading bidder in an auction process.