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Announced

Unicomer to acquire CrediScotia Financiera from Scotiabank Peru.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Friendly

Cross Border

Single Bidder

Banks

Majority

Private

Pending

Acquisition

banking services

Peru

Synopsis

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Unicomer, a retailer of furniture stores, agreed to acquire CrediScotia Financiera, a consumer-focused lender and a non-bank financial institution, from Scotiabank Peru, a provider of banking services. Financial terms were not disclosed. “We believe that by reinforcing our focus on growing our core business in Peru, we will have the opportunity to achieve greater scale and offer even more value to our customers. Peru continues to be a key market for Scotiabank,” Francisco Sardón, Scotiabank Peru CEO, EVP & Country Head.

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