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CD&R and Warburg Pincus in joint bid for Canaccord Wealth, sources say
Summary by WTVB
6 Articles
6 Articles
Private Equity Duos Eye Canaccord Wealth
Private equity powerhouses Clayton, Dubilier & Rice (CD&R) and Warburg Pincus are reportedly in advanced discussions to jointly acquire Canaccord Genuity’s prominent British wealth management division, Canaccord Wealth. Sources familiar with the ongoing matter indicate that the two firms have emerged as a leading bidder following a competitive auction process initiated last year. The potential
Warburg Pincus and CD&R near deal to buy Canaccord’s UK wealth division
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Coverage Details
Total News Sources6
Leaning Left0Leaning Right1Center2Last Updated67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
Factuality
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