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Scotiabank acquires Canadian leasing assets of Irwin Financial Corporation

Date Closed

September 15, 2008

Lead Office

Toronto

Value

383.00 Million USD

On September 15, 2008, RoyNat Capital Inc., a wholly-owned subsidiary of Scotiabank Group, acquired the Canadian small-ticket leasing assets of Irwin Financial Corporation. The transaction closed in two phases, on July 30, 2008 and September 15, 2008.

McCarthy Tétrault LLP advised Scotiabank with a team led by Nancy Carroll.

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