Opérations et transactions|19 décembre 2012
Scotiabank acquires a majority stake in Colfondos PPP
Torys acted as counsel to Scotiabank with a team that included Ian Arellano, Konata Lake, Blair Keefe and Conor McCourt.
On December 19, 2012, Bank of Nova Scotia (Scotiabank) announced it completed the acquisition of a 51% stake in Colfondos PPP, Colombia's fourth largest pension fund company, having received all necessary approvals. Mercantil Colpatria retains 49 per cent ownership in the firm.
The Bank of Nova Scotia is a diversified financial institution, offering a range of products and services, including retail, commercial, corporate and investment banking in 50 countries worldwide.
Further information can be found on Canada Newswire's website.