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OFG - OFG Bancorp jumps 17% on `transformational' deal with Scotiabank
OFG Bancorp
OFG Bancorp (NYSE:OFG) surges 17% in premarket trading after announcing an agreement to buy Bank of Nova Scotia's (NYSE:BNS) Puerto Rico operations and U.S. Virgin Island branches, a deal that KBW analyst Glen Manna calls the deal "transformational: and "highly accretive" for OFG.
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