Canadian Tire buys back stake in financial services business from Scotiabank

📆 31/10/2023 21.45.00
📰 SooToday

⏱ Reading Time:
20 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 85%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

TORONTO — Canadian Tire Corp. Ltd. has signed a deal to buy back the 20 per cent stake in Canadian Tire Financial Services that is owned by Scotiabank for $895 million. The move restores the retailer's full ownership over the business.

TORONTO — Canadian Tire Corp. Ltd. has signed a deal to buy back the 20 per cent stake in Canadian Tire Financial Services that is owned by Scotiabank for $895 million.

Canadian Tire CEO Greg Hicks says the deal will give the company more control and flexibility when it comes to its Triangle Rewards loyalty program.The retailer says consideration will be given to the optimal ownership structure of the financial services business and its Triangle Rewards program and credit card portfolio.This report by The Canadian Press was first published Oct. 31, 2023.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

Tulis Komentar

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Canadian Tire buys back stake in financial services business from ScotiabankTORONTO — Canadian Tire Corp. Ltd. has signed a deal to buy back the 20 per cent stake in Canadian Tire Financial Services that is owned by Scotiabank for...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Canadian Tire buys back stake in financial services business from ScotiabankCanadian Tire CEO says the deal will give the company more control and flexibility when it comes to its Triangle Rewards loyalty program
Sumber: globeandmail - 🏆 5. / 92 Baca lebih lajut »