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Scotiabank Caribbean to buy Scotia Group Jamaica

PRIVATEOct 09, 2026

Acquiring Company

Scotiabank Caribbean Holdings Limited

Acquired Company

Scotia Group Jamaica

TorontoKingstonFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Minority shareholders of Scotia Group Jamaica approved a buyout by Scotiabank Caribbean Holdings Ltd. The deal aims to take Scotia Group Jamaica private, with shareholders receiving $75 per stock unit. Court approval is still required, with expectations for the transaction to close in late 2026.

Company Information

Company

Scotiabank Caribbean Holdings Limited

Location

Toronto, Ontario, Canada

About

Scotiabank Caribbean Holdings Limited is a financial services company. It provides banking and financial services across the Caribbean region. The company aims to optimize capital and improve operational efficiency. It currently holds a majority stake in Scotia Group Jamaica Limited.

Fundz sees it the moment Scotiabank Caribbean Holdings Limited makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Scotia Group Jamaica?

Scotia Group Jamaica was acquired by Scotiabank Caribbean Holdings Limited, based in Toronto. The deal was reported on October 9, 2026. Scotiabank Caribbean Holdings Limited is a financial services company. It provides banking and financial services across the Caribbean region. The company aims to optimize capital and improve operational efficiency. Scotiabank Caribbean Holdings Limited is privately held and operates in Financial Services.

When did Scotiabank Caribbean Holdings Limited acquire Scotia Group Jamaica?

Scotiabank Caribbean Holdings Limited's acquisition of Scotia Group Jamaica was reported on October 9, 2026. Minority shareholders of Scotia Group Jamaica approved a buyout by Scotiabank Caribbean Holdings Ltd. The deal aims to take Scotia Group Jamaica private, with shareholders receiving $75 per stock unit. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Scotia Group Jamaica do?

Scotia Group Jamaica is the second-largest bank in Jamaica, offering a variety of financial services and products. The bank has been a key player in the Jamaican banking industry for over a century, with a significant presence in the community. It is privately held, operating in Financial Services, and is based in Kingston.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.