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Oriental Bank completed the acquisition of Puerto Rico and US Virgin Islands operations of Scotiabank for $550m.

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Service Providers

Sullivan & Cromwell

legal advisors

Sullivan & Cromwell

Credit Suisse

financial advisors

Credit Suisse

Skadden Arps Slate Meagher & Flom

legal advisors

Skadden Arps Slate Meagher & Flom

or

Principals

SCOTIABANK (PUERTO RICO)

target

SCOTIABANK (PUERTO RICO)

SCOTIABANK (US VIRGIN ISLAND)

target

SCOTIABANK (US VIRGIN ISLAND)

ORIENTAL BANK

bidder

ORIENTAL BANK

SCOTIABANK INC (BANK OF NOVA SCOTIA)

vendor

SCOTIABANK INC (BANK OF NOVA SCOTIA)

OFG BANCORP

bidder

OFG BANCORP

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