Scotiabank to buy 20 percent of Guangzhou Bank for $735 million – Reuters

Reuters
Scotiabank to buy 20 percent of Guangzhou Bank for $735 million
Reuters
TO) said on Friday it will buy a near 20 percent stake in Bank of Guangzhou for about C$719 million ($735 million) to expand its footprint in China, the latest to invest in a Chinese bank before its IPO. Scotiabank expects the deal to add to earnings …
Scotiabank expands presence in China with 19.99% stake in Bank of GuangzhouDigitalJournal.com (press release)
Scotiabank To Buy C$719 Mln Worth Stake In China's Bank Of Guangzhou – UpdateRTT News
Canada's Scotia buys stake in Bank of GuangzhouCt Post
CanadianBusiness.com

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