Scotiabank Completes Acquisition of Remaining Scotia Group Jamaica Shares for CA$600 Million

04:36 PM EDT, 10/30/2026 (MT Newswires) -- The Bank of Nova Scotia (BNS.TO, BNS) said Friday it completed its previously announced acquisition of all outstanding shares of Scotia Group Jamaica Limited that it did not already own for approximately CA$600 million. The bank said the transaction, effective Oct. 30, was expected to have an impact of approximately eight basis points on its Common Equity Tier 1 ratio. Following the acquisition, Scotia Group Jamaica's shares are expected to be delisted from the Jamaica Stock Exchange. Bank's shares closed down CA$2.39 at CA$131.05 on Toronto Stock Exchange on Friday.