Canadian Tire buys back stake in financial-services arm from Bank of Nova Scotia for $895-million
Scotiabank is selling the stake as it works to cut costs as part of a broader strategic overhaul
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Scotiabank is selling the stake as it works to cut costs as part of a broader strategic overhaul
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.
(Reuters) - Canadian Tire has bought back Bank of Nova Scotia's 20% stake in its financial services arm in a C$895 million ($647.14 million) cash tran...
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