Scotiabank to acquire 51% of Banco Cencosud in Peru and enter into partnership agreement
TORONTO and LIMA, Peru, May 10, 2018 /PRNewswire/ -- Scotiabank today announced its Peruvian subsidiary, Scotiabank Peru, has reached an agreement with Cencosud Peru to acquire a 51% controlling interest in Banco Cencosud, which offers credit cards and consumer loans inPeru, for approximately CAD...
Scotiabank formalizes agreement with BBVA to acquire its shares in BBVA Chile
TORONTO and NEW YORK, Dec. 5, 2017 /PRNewswire/ -- Scotiabank announced today that Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has formally accepted Scotiabank's offer to acquire its 68.19% ownership in BBVA Chile, and its interests in certain subsidiaries, for approximatelyUS$ 2.2 billion (CAD$...
Scotiabank submits a binding offer to BBVA to acquire its shares in BBVA Chile
TORONTO and NEW YORK, Nov. 28, 2017 /PRNewswire/ -- Scotiabank announced today that it has submitted a binding offer to acquire Banco Bilbao Vizcaya Argentaria, S.A.'s (BBVA) shares in BBVA Chile, which BBVA is willing to accept if BBVA's minority partner, the Said family, does not exercise its...
Record global auto sales expected in 2017: Scotiabank
TORONTO, Jan. 19, 2017 /PRNewswire/ -- Global car sales accelerated sharply in the final months of 2016, with sales supported by stronger global economic growth. Gains are expected to continue, albeit more slowly over the coming year with purchases increasing to an eighth consecutive annual recor...
Sunnier days for the global economy: Scotiabank Economics Global Outlook
TORONTO, Jan. 18, 2017 /PRNewswire/ -- The global economy is projected to post its best performance this year since 2014. While geopolitical risks abound, recent economic data point to strengthening growth prospects in most areas of the world. From an economic perspective, the risks could be char...
