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Acquisition expands UK wealth management footprint into Scotland with a leading and well-established franchise and increases client assets by approximately £1.7 billion (C$2.9 billion)
TORONTO, LONDON and EDINBURGH, April 15, 2021 /PRNewswire/ Canaccord Genuity Group Inc. (TSX: CF), (the Company ) is pleased to announce that through its wealth management business in the UK ( CGWM UK ), it has entered into an agreement with The Royal Bank of Scotland plc ( RBS ), which is part of the NatWest Group plc ( NatWest ), to acquire the private client investment management business of Adam & Company ( the Business ).The acquisition is expected to be accretive to the Company s adjusted