Scotiabank completes acquisition of remaining stake in Scotia Group Jamaica
Bitget2026/10/30 20:15- Scotiabank completed its acquisition of all remaining ordinary shares in Scotia Group Jamaica on October 30, 2026.
- Total cash consideration payable to minority shareholders is approximately CAD 600 million, with an estimated CET1 ratio impact of approximately 8 basis points.
- Scotia Group Jamaica shares are expected to be delisted from the Jamaica Stock Exchange following completion.
- The transaction supports capital and operational efficiency across Scotiabank’s existing footprint.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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