TORONTO, August 10, 2018 /PRNewswire/ --
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%.
ABOUT CANACCORD GENUITY GROUP INC.
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.
Christina Marinoff, Vice
President, Investor Relations & Communications, Phone:
+1-416-687-5507, email: christina.marinoff@canaccord.com
,http://www.canaccordgenuitygroup.com