Winnipeg Free Press
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Only months after completing a complicated transaction to rebrand and restructure the wealth management firm that’s now called Richardson Wealth, the company is now the target of an unwanted takeover bid.
Only months after completing a complicated transaction to rebrand and restructure the wealth management firm that’s now called Richardson Wealth, the company is now the target of an unwanted takeover bid.
Canaccord Genuity Group Inc. has made a takeover offer for RF Capital Group — the publicly traded parent company of Richardson Wealth — that’s worth about $367 million.
Canaccord has its own wealth management business and acquiring Richardson Wealth would combine two of the largest independent wealth management businesses in Canada.