A Daily Network publication
Explore the network
Private Wealth Daily
Independent Intelligence on the Private Wealth Industry
Wednesday, October 21, 2026The Morning Brief →Sign in
Deals & PE

Centerbridge and Mubadala in talks to buy Canaccord UK wealth unit for about £1bn

A Bloomberg report describes negotiations to acquire the business, not a signed or completed agreement.

At a glance

15-second brief
  • Centerbridge Partners and Mubadala Investment Company, the Abu Dhabi sovereign wealth fund, are in talks to acquire Canaccord Genuity's UK wealth management business for approximately £1bn, according to a Bloomberg report.

  • The report describes talks to acquire the business; it does not describe a signed or completed agreement.

Centerbridge Partners and Mubadala Investment Company, the Abu Dhabi sovereign wealth fund, are in talks to acquire Canaccord Genuity's UK wealth management business for approximately £1bn, according to a Bloomberg report.

The report describes talks to acquire the business; it does not describe a signed or completed agreement. No other terms of the proposed transaction appear in the Bloomberg account as published.

Continue your research

Save this analysis and keep the funds you follow together in My Desk.

Sign in to save articles or follow funds.
More from PWD
Deals & PE

Danish regulator clears Jyske Bank's Formuepleje and FP Kapital deals

Jyske expects to complete both acquisitions with effect from 2 November.
Deals & PE

EverWind and Anthropic announce $5.6 billion deal Monday

Sosteneo closed its Clean Energy Infrastructure Fund II at $504 million.
The Close

Mercer completes Aspen direct indexing rollout across more than 43,000 accounts

The platform is Mercer's own and runs on technology built with Orion, designed to run at Schwab, Fidelity and Raymond James; no fee levels were disclosed.
Elsewhere in the networkAll titles →
Every weekday · 6:30 a.m. ET

The Morning Brief

The private wealth industry in four minutes, every weekday at 6:30 a.m. ET. Free.