Update: Market Chatter: Warburg Pincus, CD&R Reportedly in Advanced Talks to Buy Canaccord Genuity's UK Wealth Arm

11:08 AM EDT, 09/22/2026 (MT Newswires) -- (Updates with statement from Warburg Pincus) Warburg Pincus and Clayton, Dubilier & Rice, or CD&R, are in advanced discussions for a potential purchase of Canaccord Genuity's British wealth arm, London's Financial Times reported Tuesday, citing people familiar with the matter. The private equity firms' purchase could value Canaccord Genuity Wealth Management UK at 1 billion pounds sterling, the sources said. CD&R and Warburg Pincus declined to comment when reached by MT Newswires, while Canaccord Genuity and Canaccord Wealth did not immediately respond to requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)