Bank Of Nova Scotia (TSE:BNS) has released an update.
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Scotiabank has completed its acquisition of an additional 10% ownership stake in KeyCorp, bringing its total investment to 14.9% and marking a strategic move into the U.S. market. This investment, valued at approximately $2.8 billion, aligns with Scotiabank’s goal of reallocating capital to North America while enhancing shareholder returns.
For further insights into TSE:BNS stock, check out TipRanks’ Stock Analysis page.
