Bank of Nova Scotia Puts CI Financial Stake Up for Sale
Wall Street Journal
The potential sale comes as changing financial regulations make it more expensive for banks to hold minority stakes in other financial institutions. The Toronto-based bank holds a 37% stake in CI Financial Corp. CIX.T -0.47% CI Financial Corp. Canada: ...
UPDATE 2-Scotiabank to explore sale of CI Financial stake
Scotiabank Seeks to Trim $3.5 Billion CI Financial Stake
Scotiabank looks to 'monetize' stake in CI Financial