Bank of Nova Scotia (BNS-T) is proposing to acquire the minority stake in Scotia Group Jamaica Ltd. that it does not already own for about $500 million in cash. The deal is a straightforward consolidation move in banking, with limited immediate market-wide impact but potential significance for Scotiabank's emerging markets footprint.
Bank of Nova Scotia (BNS-T) is proposing to acquire the minority stake in Scotia Group Jamaica Ltd. that it does not already own for about $500 million in cash. The deal is a straightforward consolidation move in banking, with limited immediate market-wide impact but potential significance for Scotiabank's emerging markets footprint.
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