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BMO Completes Sale of 138 U.S. Branches to First Citizens Bank
Source: PR Newswire
Banking & LiquidityM&A & RestructuringCompany Fundamentals
BMO announced the completion of its sale of 138 branches to First-Citizens Bank & Trust Company, covering locations in North Dakota and South Dakota (as previously disclosed). The update is a closed M&A/asset-transfer transaction with likely limited immediate impact on overall earnings, but it reflects ongoing portfolio reshaping.
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