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Private Wealth Daily
AnalysisFeaturesthe-open

Centerbridge and Mubadala in talks to buy Canaccord UK wealth unit

Bloomberg reports a potential price of about £1 billion; PWD's records list the discussions as a deal talk dated October 21, 2026.

By the Features desk13 min read

Centerbridge Partners and Mubadala Investment Company are in talks to acquire Canaccord Genuity's UK wealth management business for about £1 billion, according to Bloomberg. The report describes the discussions as a negotiation, not a signed or completed agreement.

PWD's records list the discussions as a deal talk dated October 21, 2026. Terms could still change, another bidder could emerge, or the talks could end without a transaction.

Reported by the Features desk from Bloomberg and PWD tracking. Published . Corrections

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