The Bank of Nova Scotia

The Bank of Nova Scotia in the sale of its Caribbean banking operations to Republic Financial Holdings Limited

Client

The Bank of Nova Scotia

Value

-

Service

Mergers and Acquisitions

Date Closed

Lead Office

Toronto


On November 27, 2018, The Bank of Nova Scotia (Scotiabank) announced the sale of its banking operations in 9 markets in the Caribbean (Anguilla, Antigua, Dominica, Grenada, Guyana, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Vincent & the Grenadines) to Republic Financial Holdings Limited. These exits are part of Scotiabank’s broader strategy to increase their scale in core geographies and businesses.

Republic Financial Holdings is a leading financial group based in Trinidad & Tobago with operations across the Caribbean and Ghana.

Osler, Hoskin & Harcourt LLP is acting for Scotiabank with a team led by Doug Marshall that included Brian Gray, Sahil Chopra, Victoria Graham (Corporate), Shuli Rodal (Competition/Antitrust), Damian Rigolo (Employment & Labour), Jana Steele, Jonathan Marin (Pensions & Benefits), Patrick Marley, Emily Gilmour (Tax) and Ted Liu (Technology).


Team
Douglas  Marshall
Key Contact

Douglas Marshall

Partner, Corporate

Brian Gray

Brian Gray

Associate, Corporate

Sahil Chopra

Sahil Chopra

Associate, Corporate

Damian  Rigolo

Damian Rigolo

Partner, Employment & Labour

Jana Steele - Pension Lawyer

Jana Steele

Partner, Pensions & Benefits

Jonathan Marin

Jonathan Marin

Associate, Pension & Benefits

Patrick Marley - Tax Lawyer

Patrick Marley

Partner, Taxation

Emily Gilmour

Emily Gilmour

Associate, Taxation

Ted Liu

Ted Liu

Partner, Technology

Shuli Rodal - Competition Lawyer

Shuli Rodal

Partner, Competition Law/Foreign Investment Group

Victoria  Graham

Victoria Graham

Partner, Corporate