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BMO Closes Sale of Transportation and Vendor Finance Businesses
Source: PR Newswire
M&A & RestructuringBanking & LiquidityCompany Fundamentals
BMO Financial Group closed the previously announced sale of its Transportation Finance and Vendor Finance businesses to Stonepeak. At closing, BMO transferred approximately 75%, valued at C$11 billion; the supplied article excerpt provides no further transaction terms or financial impact.
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