Perella Weinberg surges on report of takeover talks with Piper Sandler

Perella Weinberg Partners

29/09/2026 15:20

** Shares of investment bank Piper Sandler PIPR.N fall ~4%; those of advisory firm Perella Weinberg Partners PWP.O jump over 10%
** Piper Sandler is in talks to acquire Perella Weinberg — the Wall Street Journal reports, citing people familiar with the matter
** They did not immediately respond to Reuters' request for comment
** Perella's market capitalization is ~$1.4 bln
** PIPR has lost 16.7% and PWP 7.1%, YTD, including session's moves

 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))