Scotia nabs controlling stake in Banco Cencosud

Scotia nabs controlling stake in Banco Cencosud

M&A Peru

Scotiabank Peru said it has agreed to buy a 51% stake in Banco Cencosud from Cencosud Peru for roughly CAD130m ($102m). The Canadian bank, through its local subsidiary, will also enter into a 15-year partnership with Cencosud to manage the credit car

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