Country for PR: United States
Contributor: PR Newswire New York
Saturday, August 11 2018 - 07:55
Canaccord Genuity Group Inc. Announces Completion of its Investment to Increase Ownership of its Australian Business
TORONTO, Aug. 11, 2018 /PRNewswire-AsiaNet/--

Canaccord Genuity Group Inc. ("Canaccord Genuity", the "Company") is pleased to 
announce that it has completed its previously announced acquisition of an 
additional 30% of the shares in its Australian capital markets and wealth 
management business, Canaccord Genuity (Australia) Limited. This transaction 
increases the Company's ownership in Canaccord Genuity (Australia) Limited to 
80% from 50%. 


Through its principal subsidiaries, Canaccord Genuity Group Inc. (the Company) 
is a leading independent, full-service financial services firm, with operations 
in two principal segments of the securities industry: wealth management and 
capital markets. Since its establishment in 1950, the Company has been driven 
by an unwavering commitment to building lasting client relationships. We 
achieve this by generating value for our individual, institutional and 
corporate clients through comprehensive investment solutions, brokerage 
services and investment banking services. The Company has wealth management 
offices located in Canada, the UK, Guernsey, Jersey, and the Isle of Man and 
Australia. Canaccord Genuity, the international capital markets division, 
operates in North America, UK & Europe, Asia, Australia and the Middle East. 

Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSX.

For further information: 
Christina Marinoff, 
Vice President, 
Investor Relations & Communications, 
Phone: +1-416-687-5507,

SOURCE: Canaccord Genuity Group Inc.