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Scotiabank Completes Additional Investment in KeyCorp

Newswire.ca - Fri Dec 27, 2024 Columnist Contributor Content Press Release Sponsored Content

TORONTO, Dec. 27, 2024 /CNW/ - Scotiabank announced today that following regulatory approval from the Board of Governors of the Federal Reserve System, it has completed its acquisition of an additional approximately 10% pro-forma ownership stake in KeyCorp through newly issued common shares at US$17.17 per share, for a cash consideration of approximately US$2.0 billion.

Read more at newswire.ca

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