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BMO Financial Group accelerates North American growth with strategic acquisition of Bank of the West 20 December 2021

BMO Financial Group and its indirect wholly-owned Chicago-based subsidiary BMO Harris Bank announced the signing of a definitive agreement with BNP Paribas to acquire Bank of the West and its subsidiaries, with assets as of September 30, 2021 of approximately C$135 billion (US$105 billion). This acquisition aligns with BMO’s strategic, financial and cultural objectives.

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Keywords

Business strategy/Model

Geography

Canada USA

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