Canaccord to buy Australian securities business Patersons for $23-million

The deal is subject to various conditions, including shareholder and court approval and is expected to be completed during the quarter ended Dec. 31, 2019.

Cash consideration of $25 million Australian dollars or 23.55 Australian cents per share, amounting to roughly C$23 million, will be paid upon closing.Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to

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