The Financial Post reports in its Thursday, Oct. 22, edition that Canaccord Genuity Group is in talks to sell its U.K. wealth management business to a consortium led by private equity firm Centerbridge Partners, according to people with knowledge of the matter. A Bloomberg dispatch to the Post reports that the Canadian financial services firm is discussing a sale to the investor group that also includes Middle Eastern sovereign wealth fund Mubadala Investment Co. after a period of talks with buyout firms Warburg Pincus and Clayton Dubilier & Rice lapsed, the people said. Any deal could value the Canaccord Wealth U.K. unit at approximately 1 billion pounds ($1.8-billion (Canadian)), according to the people.