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Canaccord Genuity to Acquire Mercer's Canadian Private Wealth Business
Goodmans LLP is acting for Canaccord Genuity Group Inc. in connection with its acquisition of the Canadian private wealth business of Mercer Global Investments Canada Limited.
The deal will add approximately C$1.5 billion to Canaccord Genuity Wealth Management‘s total client assets. The deal is subject to customary closing conditions, including regulatory approval, and is expected to close in the second quarter of 2023.