The Online Investor
Department Stores M&A image Department Stores M&A » By The Online Investor Staff, updated Sun., May. 16, 4:38 PM Recent mergers and acquisitions in the Department Stores M&A category.

This Slide: #1 of 27

Slide #1. Scotiabank — 20% of Canadian Tire's Financial Services Business

Acquirer: Scotiabank (BNS.CA)
Acquiree: 20% of Canadian Tire's Financial Services Business (CTC.CA)
Details: Canadian Tire Corporation, Limited (TSX: CTC) (TSX: CTC.A) and Scotiabank (TSX: BNS) (NYSE: BNS) today announced a far-reaching strategic partnership that creates unprecedented opportunities for joint marketing to drive new business growth. The agreement will see Scotiabank acquire a 20% equity interest in Canadian Tire's financial services business for $500 million in cash. Scotiabank will also provide a funding commitment to Canadian Tire's financial services business with credit card receivable financing of up to $2.25 billion.

The Bank of Nova Scotia is a financial services provider providing products and services, including commercial, corporate and investment banking. Co. has four segments: Canadian Banking, which includes Retail Banking and Business Banking; International Banking, which has a franchise that serves its Retail, Corporate and Commercial customers and is focused on the Pacific Alliance countries of Mexico, Colombia, Peru and Chile; Global Banking and Markets, which provides corporate clients with lending and transaction services, investment banking advice and access to capital markets; and Global Wealth Management, which is focused on delivering wealth management advice and solutions to clients.

Preferreds: BNS.PRJ.CA, BNS.PRK.CA, BNS.PRL.CA, BNS.PRM.CA, BNS.PRN.CA, BNS.PRO.CA, BNS.PRP.CA, BNS.PRQ.CA, BNS.PRR.CA, BNS.PRS.CA, BNS.PRT.CA, BNS.PRX.CA, BNS.PRY.CA, BNS.PRZ.CA



Open the BNS.CA Page at The Online Investor »

The Bank of Nova Scotia is a financial services provider providing products and services, including commercial, corporate and investment banking. Co. has four segments: Canadian Banking, which includes Retail Banking and Business Banking; International Banking, which has a franchise that serves its Retail, Corporate and Commercial customers and is focused on the Pacific Alliance countries of Mexico, Colombia, Peru and Chile; Global Banking and Markets, which provides corporate clients with lending and transaction services, investment banking advice and access to capital markets; and Global Wealth Management, which is focused on delivering wealth management advice and solutions to clients.

Preferreds: BNS.PRJ.CA, BNS.PRK.CA, BNS.PRL.CA, BNS.PRM.CA, BNS.PRN.CA, BNS.PRO.CA, BNS.PRP.CA, BNS.PRQ.CA, BNS.PRR.CA, BNS.PRS.CA, BNS.PRT.CA, BNS.PRX.CA, BNS.PRY.CA, BNS.PRZ.CA



Open the CTC.CA Page at The Online Investor »

BNS.CA — Key Stats (updated Fri., May. 14, 10:27 AM)
Company Name: 
Bank of Nova Scotia Halifax
Website: 
www.scotiabank.com
Sector: 
Banking & Savings
Number of ETFs Holding BNS.CA: 
6
Total Market Value Held by ETFs: 
$55.62M
Total Market Capitalization: 
$77.56B
% of Market Cap. Held by ETFs: 
0.07%
CTC.CA — Key Stats (updated Fri., May. 14, 10:27 AM)
Company Name: 
Canadian Tire Corp Ltd
Website: 
www.investors.canadiantire.ca
Sector: 
Department Stores
 

List of Department Stores Mergers & Acquisitions in this Slideshow:

10/10/2012:
Acquirer: CafePress Inc. (PRSS)
Acquiree: EZ Prints
Merger/Acquisition details: details »

10/23/2012:
Acquirer: TD Bank Group (TD)
Acquiree: Target Credit Card Portfolio (TGT)
Merger/Acquisition details: details »

11/28/2012:
Acquirer: FGL Sports (CTC.CA)
Acquiree: Pro Hockey Life
Merger/Acquisition details: details »

12/10/2012:
Acquirer: Core-Mark Holding Company, Inc. (CORE)
Acquiree: J.T. Davenport & Sons, Inc.
Merger/Acquisition details: details »

12/20/2012:
Acquirer: Core-Mark Holding Company, Inc. (CORE)
Acquiree: J. T. Davenport & Sons, Inc.
Merger/Acquisition details: details »

2/6/2013:
Acquirer: Reliance Steel & Aluminum Co. (RS)
Acquiree: Metals USA Holdings Corp. (MUSA)
Merger/Acquisition details: details »

3/11/2013:
Acquirer: Genuine Parts Company (GPC)
Acquiree: Exego Group
Merger/Acquisition details: details »

3/14/2013:
Acquirer: Target Corp. (TGT)
Acquiree: CHEFS Catalog
Merger/Acquisition details: details »

4/2/2013:
Acquirer: Genuine Parts Company (GPC)
Acquiree: Exego Group
Merger/Acquisition details: details »

5/1/2013:
Acquirer: LKQ Corporation (LKQ)
Acquiree: Sator Beheer
Merger/Acquisition details: details »

7/25/2013:
Acquirer: Argonne Capital Group
Acquiree: ALCO Stores, Inc. (ALCS)
Merger/Acquisition details: details »

7/29/2013:
Acquirer: Hudson's Bay Company (HBC.CA)
Acquiree: Saks Incorporated (SKS)
Merger/Acquisition details: details »

8/6/2013:
Acquirer: LKQ Corporation (LKQ)
Acquiree: Five UK-Based Paint Distributors
Merger/Acquisition details: details »

8/6/2013:
Acquirer: Target Corp. (TGT)
Acquiree: DermStore Beauty Group
Merger/Acquisition details: details »

8/12/2013:
Acquirer: FGL Sports Ltd. (CTC.CA)
Acquiree: Pro Hockey Life
Merger/Acquisition details: details »

11/1/2013:
Acquirer: Genuine Parts Company (GPC)
Acquiree: Tekra Corporation and AST Bearings LLC
Merger/Acquisition details: details »

11/4/2013:
Acquirer: Hudson's Bay Company (HBC.CA)
Acquiree: Saks Incorporated
Merger/Acquisition details: details »

12/6/2013:
Acquirer: LKQ Corporation (LKQ)
Acquiree: Keystone Automotive Operations, Inc.
Merger/Acquisition details: details »

1/6/2014:
Acquirer: LKQ Corporation (LKQ)
Acquiree: Keystone Automotive Operations, Inc.
Merger/Acquisition details: details »

1/7/2014:
Acquirer: Uni-Select Inc. (UNS.CA)
Acquiree: Auto Paint and Supply of Lakeland, Inc.
Merger/Acquisition details: details »

2/3/2014:
Acquirer: Genuine Parts Company (GPC)
Acquiree: Commercial Solutions Inc., Food Service and Jan/San Distributor, Specialty Wire and Cable Distributor
Merger/Acquisition details: details »

2/18/2014:
Acquirer: Uni-Select Inc. (UNS.CA)
Acquiree: Metro Paint Supplies Group
Merger/Acquisition details: details »

3/3/2014:
Acquirer: ADDvantage Technologies Group, Inc. (AEY)
Acquiree: Nave Communications
Merger/Acquisition details: details »

3/5/2014:
Acquirer: Uni-Select (UNS.CA)
Acquiree: J.K. Distributors, Inc.
Merger/Acquisition details: details »

4/3/2014:
Acquirer: Uni-Select USA, Inc. (UNS.CA)
Acquiree: Substantially all the assets of J.K. Distributors, Inc.
Merger/Acquisition details: details »

4/15/2014:
Acquirer: LKQ Corporation (LKQ)
Acquiree: Rijsbergen Holding B.V., Pala Holding, B.V., Primaparts Automaterialen B.V., BOAC Automotive B.V. and VEAM B.V.
Merger/Acquisition details: details »

5/8/2014:
Acquirer: Scotiabank (BNS.CA)
Acquiree: 20% of Canadian Tire's Financial Services Business (CTC.CA)
Merger/Acquisition details: details »

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