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Mayberry CEO: Scotiabank Buyout Will Inject C$500m Into Market, But at a Cost
The buyout of Scotia Group Jamaica Limited's (SGJ) minority shareholders will pump roughly C$500 million into the local market in the short term, but will permanently shut out local investors from one of Jamaica's most profitable companies, according to Mayberry Group CEO Gary Peart.
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thestar.com
Scotiabank makes offer to take full ownership of Jamaican subsidiary
TORONTO - Scotiabank is proposing to buy the minority stake in Scotia Group Jamaica Ltd. that it does not already own in an offer of about $500 million in cash.
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jamaica-gleaner.com
Scotia Group moves to delist from JSE to go private, shareholders to vote
Scotia Group Jamaica Limited (SGJL) on Friday announced that it is moving to become a private company and delist from the Jamaica Stock Exchange, noting that the transaction, if…
