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Davivienda, Scotiabank

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. It marks Scotiabank's latest move to refocus on its core markets.

Seeking Alpha on MSN · 3d

Scotiabank to transfer some Latam banking operations to Davivienda

The Bank of Nova Scotia (NYSE:BNS), known as Scotiabank, agreed on Monday to transfer banking operations of its Colombia, Costa Rica, and Panama businesses to Davivienda in exchange for an ~20% stake in the combined banking operations.

Business Insider · 3d

Scotiabank enters agreement to transfer certain banking operations to Davivienda

Scotiabank (BNS) has entered into an agreement with Davivienda to transfer Scotiabank’s banking operations in Colombia, Costa Rica and Panama

The Canadian Press on MSN · 2d

Scotiabank selling operations in Colombia, Costa Rica and Panama to Davivienda

The Canadian bank says it will take an after-tax impairment loss of approximately $1.4 billion in the first quarter of 2025 in connection with the deal.

Financial Post on MSN · 2d

Scotiabank to sell 'troubled' operations in Colombia, Costa Rica and Panama

Scotiabank is selling its holdings in Colombia, Panama and Costa Rica to Colombian bank Banco Davivienda as it looks to reorganize its Latin American businesses. (Credit: Cole Burston)

Reuters on MSN · 3d

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 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, ...

HubSpot price target raised to $825 from $700 at Scotiabank

Scotiabank analyst Nick Altmann raised the firm’s price target on HubSpot (HUBS) to $825 from $700 and keeps an Outperform rating on the ...

Crain's Cleveland Business2d

KeyCorp awards CEO $7.5 million stock bonus following Scotiabank deal

Five of KeyCorp’s top executives are slated to receive sizable one-time stock bonuses totaling a combined $16.7 million ...

Appian initiated with a Sector Perform at Scotiabank

Scotiabank analyst Nick Altmann initiated coverage of Appian (APPN) with a Sector Perform rating and $37 price target The firm tells investors in a research note that customer feedback has been ...

2don MSN

Scotiabank asumirá cargo de US$980M por venta unidad colombiana

Bank of Nova Scotia acordó transferir sus operaciones en Colombia, Costa Rica y Panamá a Banco Davivienda SA de Colombia, y dijo que, como resultado, asumirá un cargo después de impuestos de1.400 ...