The bank is selling for USD516 million its pension unit in Peru to two separate pension firms, one controlled by Colombian financial conglomerate Grupo Sura and the other by Canada's Bank of Nova Scotia.
Scotiabank to buy majority stake in Colombian pension fund Colfondos AFP
August 14, 2012 by
Scotiabank says it has reached an agreement to buy a 51% stake in Colombia's fourth-largest pension fund company.