Financial M&A » By The Online Investor Staff, updated Sun., Apr. 18, 4:14 AM
Recent mergers and acquisitions in the Financial M&A category.
| This Slide: #18 of 100 |
Slide #18. Scotiabank — Aurion Capital
Acquirer:
Scotiabank (NYSE:BNS)
Acquiree:
Aurion Capital
Details:
Scotiabank today announced the expansion of its institutional asset management business, acquiring the remaining 40% of Aurion Capital Management shares that were owned by Aurion Capital employees. The transaction is subject to regulatory approvals. Terms are not material to Scotiabank and were not disclosed.
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.
Open the BNS Page at The Online Investor »
|
||||||||||||||||||||||||
Open the BNS Page at The Online Investor (in a new window) »
|
|
Avg. Broker Rec.
 
|
Buy (2.62 out of 4) 11st percentile
(ranked lower than approx. 89% of all stocks covered)
Analysts' Target Price: BNS Stock Forecast Based on Zacks ABR data; powered by Xignite |
