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Centerbridge, Mubadala in Talks to Buy Canaccord’s UK Wealth Unit

Bloomberg Markets·October 20, 2026·1 min read

Canaccord Genuity Group Inc. is in talks to sell its UK wealth management business to a consortium led by private equity firm Centerbridge Partners, according to people with knowledge of the matter. A deal would mark another consolidation in the UK wealth sector as larger players absorb regional firms. No price or timeline was disclosed, and talks could still fall apart.

Read at Bloomberg Markets
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