Canada’s third largest lender Scotiabank has reached a deal to purchase a controlling stake in Banco Cencosud, a Peruvian consumer bank. The purchase widens Scotiabank’s footprint in Latin America, ...
Toronto-based Bank of Nova Scotia continues to expand its footprint in Latin America, with a plan to acquire a 51% controlling interest Peru’s Banco Cencosud for approximately $130 million. The ...
Chilean retail giant Cencosud (BCS:CENCOSUD) presented its first quarter 2026 results on May 8, revealing a mixed performance characterized by strong operational gains in Peru and Colombia offset by ...
Chile’s Grupo Cencosud is considering buying the Peruvian assets of beleaguered Dutch retail giant Royal Ahold. The two companies have signed a confidentiality agreement relating to this option, as ...
Earnings call Cencosud delivered 5.1% consolidated revenue growth (6.1% ex-Argentina inflation adjustment) in Q3 2025, with strong performances in Peru, Colombia, and the US, but margin pressure from ...