Canaccord Genuity to acquire Punter Southall Wealth

An "exciting" strategic opportunity

clock • 2 min read
Crown Dependencies in purchasing talks with Punter Southall Wealth
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Crown Dependencies in purchasing talks with Punter Southall Wealth

Canada-headquartered Canaccord Genuity Group has entered into a share purchase agreement to acquire Punter Southall Wealth through its UK wealth management business Crown Dependencies (CGWM UK).

On closing the deal, £163m will be paid to Punter Southall Group, alongside an equity interest comprising newly-issued shares in CWGM UK, it was announced today. Punter Southall Wealth will be acquired...

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