KeyCorp, Scotiabank
Scotiabank closes US$2.8-billion acquisition of KeyCorp stake
TORONTO — Bank of Nova Scotia says it has closed its two-part deal to buy a 14.9 per cent stake in U.S. bank KeyCorp for about US$2.8 billion. It says it closed the second part of the deal, buying a 10 per cent share, following approval from the board of governor s of the U.S. Federal Reserve System.
In August, Scotiabank has closed the initial investment of approximately 4.9 percentage. "Our investment in KeyCorp represents a cost-effective, low-risk approach to deploying capital into the U.S.
The best shot Alex Ovechkin delivered all night Saturday came verbally, not with his stick. It was so vintage Ovi. Here he was at Scotiabank Arena, on the big stage he so thrives upon, in Toronto, in ...
CLEVELAND, Dec. 27, 2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced that The Bank of Nova Scotia ("Scotiabank") has completed its purchase of KeyCorp's common stock with an investment of ...
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