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Taiwan's Cathay Financial in talks to buy Bank of Nova Scotia's Malaysia unit

Published 2017-03-08, 09:19 p/m
© Reuters.  Taiwan's Cathay Financial in talks to buy Bank of Nova Scotia's Malaysia unit
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TAIPEI, March 9 (Reuters) - Taiwan's Cathay Financial Holding Co 2882.TW said on Thursday that it is in exclusive talks to acquire the Malaysian unit of Canada's Bank of Nova Scotia BNS.TO .

The Taiwanese group's bank and life insurance units plan to jointly purchase all of Bank of Nova Scotia Berhad in Malaysia, according to the filing with the Taiwan Stock Exchange.

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