Scotiabank Agrees to Buy ING Bank of Canada for C$3.13 Billion

Scotiabank Agrees to Buy ING Bank of Canada for C$3.13 Billion

Brent Lewin/Bloomberg

Bank of Nova Scotia , Canada’s third-largest lender, agreed to buy ING Bank of Canada from ING Group for C$3.13 billion ($3.16 billion) to add to its retail deposits.