Canaccord Genuity Agrees to CEO-Led Acquisition at About $15.27 Per Share
Canaccord Genuity agreed to be acquired by CEO Dan Daviau for approximately $15.27 per common share, based on the November 13 GBP/CAD rate. Closing is conditional on the UK wealth business sale and other approvals.
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11:22:54 PM UTC
SquawkNews
Canaccord Genuity reported Q2 adjusted EPS of $0.43, with no prior-period comparison provided in the release excerpt. It agreed to sell its UK wealth business for approximately £1.17B enterprise value and announced a go-private deal offering the Canadian-dollar equivalent of £4.15 plus $7.45 per co…
Canaccord Genuity agreed to be acquired by CEO Dan Daviau for aggregate consideration of approximately $15.27 per common share, based on the November 13 GBP/CAD rate. Closing is conditional on the UK wealth business sale and other approvals.Material DetailsContext by AI AnalystThis is a proposed ta…