Canaccord Agrees to Sell UK Wealth Business for About £1.17B
Canaccord agreed to sell its UK and Crown Dependencies wealth business at an approximately £1.17B enterprise value. It expects about £564M in proceeds, with closing expected in the first half of 2027, subject to conditions and regulatory approvals.
Canaccord Genuity Group Inc. agreed to sell its UK and Crown Dependencies wealth business for approximately £1.17B enterprise value. It expects approximately £564M in proceeds; closing is expected in the first half of 2027, subject to conditions and regulatory approvals.Material DetailsContext by A…