TORONTO — Scotiabank says it has received regulatory approval for the second phase of its investment in U.S. bank KeyCorp.
Scotiabank announced in August a plan to acquire a 14.9 per cent stake in KeyCorp for about US$2.8 billion in a two-step process. "Completing this transaction will create additional capacity for growth, enabling further investments in targeted scale across our franchise," Gorman said in a statement. "This strategic investment in KeyCorp, a premier bank in the U.S., significantly increases the capital deployed to our identified priority markets," Scotiabank chief executive Scott Thomson said when the deal was first announced.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: