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Scotiabank to acquire minority stake in KeyCorp

Aug 12, 2024, 10:42 AM EDT1 sourcesAI-analyzed

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Scotiabank will acquire 14.9% stake in KeyCorp for $2.8 billion. The deal involves purchasing 163 million shares at $17.17 each.

  • Scotiabank will acquire 14.9% stake in KeyCorp for $2.8 billion.
  • The deal involves purchasing 163 million shares at $17.17 each.

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