Acquiring Company
Scotiabank Canada
Acquired Company
Scotia Group Jamaica Ltd
Toronto
JamaicaFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
Scotiabank Canada has increased its offer to acquire the remaining minority shares in Scotia Group Jamaica Ltd by J$1.50 per share, raising the total offer to C$506 million. The improved proposal was discussed before the public announcement of the deal. Shareholders are set to vote on the deal on October 7, which could lead to Scotia Group's shares being delisted from the Jamaica Stock Exchange.
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Based on deal dataFrequently asked
Who acquired Scotia Group Jamaica Ltd?
Scotia Group Jamaica Ltd was acquired by Scotiabank Canada, based in Toronto. The deal was reported on August 26, 2026. Scotiabank is a leading bank in Canada, providing a wide range of financial services. It operates globally, offering services in personal and commercial banking, wealth management, and investment banking. Scotiabank Canada is privately held and operates in Financial Services.
When did Scotiabank Canada acquire Scotia Group Jamaica Ltd?
Scotiabank Canada's acquisition of Scotia Group Jamaica Ltd was reported on August 26, 2026. Scotiabank Canada has increased its offer to acquire the remaining minority shares in Scotia Group Jamaica Ltd by J$1.50 per share, raising the total offer to C$506 million. The improved proposal was discussed before the public announcement of the deal. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Scotia Group Jamaica Ltd do?
Scotia Group Jamaica Ltd is a financial services provider operating in Jamaica. It offers a range of services including banking, insurance, and investment solutions. It is privately held, operating in Financial Services, and is based in Jamaica.
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