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Adriano Marchese Canadian Tire said it has regained full ownership of its financial-services arm after acquiring the Bank of Nova Scotia's stake in Canadian...
The Financial Post brings you the top business stories as they happen for October 31, 2023. Read on for breaking news you need to know.
TORONTO - Canadian Tire Corp. Ltd. has signed a deal to buy back the 20 per cent stake in Canadian Tire Financial Services that is owned by Scotiabank for $895 million.
Canadian Tire said on Tuesday it was reviewing alternatives for its financial services arm and had bought back Scotiabank's 20% stake in the unit in a cash transaction valued at C$895 million...
Canadian Tire Corp. bought back a 20% stake in its financial-services business from Bank of Nova Scotia in a C$895 million ($647 million) all-cash transaction.