Dec. 15 (Bloomberg) -- Canaccord Financial Inc. is close to buying Collins Stewart Hawkpoint Plc, a brokerage in the U.K., the Globe and Mail reported, without saying where it got the information.
Canaccord, Canada’s largest non-bank brokerage, has been looking for a purchase in the U.K. for “months,” the newspaper said.
Collins Stewart rose 6.9 percent to 54 pence in London trading today. Toronto-based Canaccord was halted on the Toronto Stock Exchange before trading opened.
--Editor: David Scanlan
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