12:06 PM EST - Scotiabank : Dundee Corporation and DundeeWealth Inc. jointly announced today that Scotiabank has agreed to make an offer for all of the common shares of DundeeWealth that the Bank does not own. Scotiabank currently owns 18% of DundeeWealth. The value of the offer to DundeeWealth shareholders is $21.00 per common share representing an enterprise value for DundeeWealth of approximately $3.2 billion. Scotiabank will offer 0.2497 of a Scotiabank common share and, at the election of each shareholder, either $5.00 in cash or 0.2 of a $25.00, 3.70% five-year rate reset Scotiabank preferred share for each DundeeWealth common share (including common shares issuable on conversion of other shares). Scotiabank
