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Scotiabank to buy 14.9% of KeyCorp for about $2.8B | Bank Automation News

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Bank of Nova Scotia agreed to buy a minority stake in KeyCorp, which was among the US regional banks hit hardest in last year’s tumult, for about $2.8 billion as part of a focus on North America. Scotiabank will acquire 14.9% of Cleveland-based KeyCorp by buying shares at $17.17 each, representing an 11% premium to […]

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