
The episode discusses Scotia Group Jamaica's decision to delist from the JSE and its implications.
What happens when one of Jamaica's oldest banks decides it no longer wants public shareholders? Dr. Matthew Preston and Dr. Thaon Simms break down Scotia Group Jamaica's $61.50 per share buyout offer and the $56 billion scheme of arrangement that would take the bank private after 137 years on the JSE. They unpack the difference between a takeover bid and a scheme of arrangement, question whether the price reflects fair book value, and explore a possible arbitrage play before the deal closes. ...
Hosts: Dr. Matthew Preston, Dr. Thaon Simms
Organizations: Scotia Group Jamaica, Scotiabank
Places: Jamaica, JSE
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