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Bank of Nova Scotia buys 14.9% stake in KeyCorp for 2.8 bln usd
Offers 17.17 usd/shr (Il Sole 24 Ore Radiocor) - Montreal, 12 Aug - The Canadian lender Bank of Nova Scotia said that it has agreed to buy a 14.9% stake in the US based financial services company KeyCorp for 2.8 billion US dollars.
Bank of Nova Scotia will pay 17.17 dollars a share for the stake.
The Canadian bank will first buy a 4.9% stake then a 10% stake.
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(RADIOCOR) 12-08-24 19:11:30 (0438) 5 NNNN