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Scotiabank obtains 20% stake in Colombia's Davivienda
Scotiabank hands over Colombia, Costa Rica, and Panama operations to Davivienda
In return for the transfer of operations, Scotiabank will gain around a 20% stake in Colombia lender Davivienda.
Scotiabank to sell 'troubled' operations in Colombia, Costa Rica and Panama
The Bank of Nova Scotia has signed an agreement to sell its operations in Colombia, Costa Rica and Panama as it looks to boost efficiencies and reorganize its Latin American businesses. The foreign operations will be transferred to Banco Davivienda SA,
Scotiabank transfers some Latin American assets to Colombia's Davivienda for 20% stake
Scotiabank will hand over its operations in Colombia, Costa Rica and Panama to Colombian bank Davivienda, both parties said on Monday, in exchange giving Scotiabank a 20% stake in Davivienda.
Scotiabank to transfer some Latam banking operations to Davivienda
Scotiabank agrees to transfer banking operations in its Colombia, Costa Rica, and Panama businesses to Davivienda for ~20% stake in Davivienda, the company said Monday. It expects an after-tax impairment loss of ~C$1.
Davivienda Will Take Over The Reins Of Scotiabank In Three Countries: Colombia, Costa Rica And Panama
Scotiabank becomes a shareholder, with approximately 20% of all Davivienda operations and participation in its board of directors. This was reported by several Colombian and Costa Rican media. This transaction not only represents one of the largest recent financial sector agreements,
Scotiabank obtains 20% stake in Colombia's Davivienda with operations handover
Scotiabank will hand over its operations in Colombia, Costa Rica and Panama to Colombian bank Davivienda, both parties said on Monday, in exchange giving Scotiabank a 20% stake in Davivienda. The move is part of Scotia's push to slim down operations in non-core markets,
Scotiabank Transfers Latin American Operations to Davivienda for Strategic Stake
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Scotiabank selling operations in Colombia, Costa Rica and Panama to Davivienda
Scotiabank
says it has signed a deal to sell its banking operations in Colombia,
Costa
Rica
and Panama to Davivienda in exchange for a 20% stake in the Colombian financial institution. The Canadian bank says the deal supports its operational efficiency ...
4d
Scotiabank to Take $980 Million Charge on Colombia Unit Deal
Bank of Nova Scotia agreed to transfer its operations in Colombia, Costa Rica and Panama to Banco Davivienda SA of Colombia, ...
4d
Scotiabank To Transfer Banking Operations In Colombia, Costa Rica, Panama To Davivienda
(RTTNews) - The Bank of Nova Scotia (BNS), Monday announced the decision to transfer its banking operations in Colombia, Costa Rica and Panama to Latin America-based Davivienda.
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