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Canaccord to acquire Patersons

Canaccord Genuity has announced it will acquire Australia's Patersons Securities for US$17.4 milllion.

Canaccord to acquire Patersons Canaccord to acquire Patersons Canaccord to acquire Patersons Canaccord to acquire Patersons Canaccord to acquire Patersons

Canaccord president and CEO Dan Daviau said the acquisition built on the work its Australian division had done to make the company a stronger competitor in the region.