June 10 (Reuters) - Canaccord Genuity Group Inc CF.TO :
* CANACCORD GENUITY GROUP INC. THROUGH ITS AUSTRALIAN OPERATION ANNOUNCES ACQUISITION OF PATERSONS SECURITIES LIMITED
* CANACCORD GENUITY GROUP INC - CASH CONSIDERATION OF A$25.0 MILLION (A$0.2355 PER SHARE, C$23.3 MILLION) WILL BE PAYABLE ON CLOSING
* CANACCORD GENUITY GROUP INC - CANACCORD GENUITY AUSTRALIA'S WEALTH MANAGEMENT BUSINESS WILL BE KNOWN AS CG PATERSONS
* CANACCORD GENUITY GROUP INC - MICHAEL MANFORD, PATERSONS' EXECUTIVE CHAIRMAN, WILL BE EXECUTIVE CHAIRMAN OF CG PATERSONS
* CANACCORD GENUITY GROUP - PATERSONS IS EXPECTED TO BE BREAKEVEN FOR YEAR ENDED JUNE 30 WITH ANNUALIZED NET REVENUE OF ABOUT C$48 MILLION (A$52 MILLION)