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Scotia Caribbean to acquire Scotiabank Jamaica shares

PRIVATEOct 08, 2026

Acquiring Company

Scotia Caribbean Holdings Limited

Acquired Company

Scotia Group Jamaica Limited

JamaicaJamaicaFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Scotiabank Jamaica has secured approval from minority shareholders to allow its parent company, Scotia Caribbean Holdings Limited, to buy out all outstanding minority shares. The buyout totals approximately $64 billion, with an offer price raised to $75 per share. This acquisition will facilitate the bank's transition to a private entity and delisting from the Jamaica Stock Exchange.

Company Information

Company

Scotia Caribbean Holdings Limited

Location

Jamaica

About

Scotia Caribbean Holdings Limited is the parent company of Scotiabank Jamaica, involved in banking and financial services. It aims to provide a wide range of financial products to its customers. The company is known for its strong presence in the Caribbean market.

Fundz sees it the moment Scotia 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 Limited?

Scotia Group Jamaica Limited was acquired by Scotia Caribbean Holdings Limited, based in Jamaica. The deal was reported on October 8, 2026. Scotia Caribbean Holdings Limited is the parent company of Scotiabank Jamaica, involved in banking and financial services. It aims to provide a wide range of financial products to its customers. Scotia Caribbean Holdings Limited is privately held and operates in Financial Services.

When did Scotia Caribbean Holdings Limited acquire Scotia Group Jamaica Limited?

Scotia Caribbean Holdings Limited's acquisition of Scotia Group Jamaica Limited was reported on October 8, 2026. Scotiabank Jamaica has secured approval from minority shareholders to allow its parent company, Scotia Caribbean Holdings Limited, to buy out all outstanding minority shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Scotia Group Jamaica Limited do?

Scotia Group Jamaica Limited is a provider of banking and financial services in Jamaica. It is listed on the Jamaica Stock Exchange. The company is preparing to be taken private by its majority shareholder. It is privately held, operating in Financial Services, and is based in Jamaica.

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.