Scotia going private
FROM THE PUBLISHER
Scotia Group Jamaica Limited (SGJ) is set to become a private company in the coming months as minority shareholders on Wednesday approved an offer by Scotiabank Caribbean Holdings Limited (SCH) to acquire their shares for $63.50 billion (US$397.84 million). The decision was taken at an extraordinary general meeting (EGM) called by the financial conglomerate at AC Hotel Kingston under a scheme of arrangement as directed by the Supreme Court of Jamaica. At the meeting, minority…
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