Bank of Montreal (BMO) said it has purchased an Australia-based capital markets business to expand its metals and mining investment banking unit. While no deal price or financial terms were disclosed in the article, the acquisition signals strategic growth in a cyclical sector (metals/mining) and modestly improves BMO’s investment banking footprint.
Bank of Montreal (BMO) said it has purchased an Australia-based capital markets business to expand its metals and mining investment banking unit. While no deal price or financial terms were disclosed in the article, the acquisition signals strategic growth in a cyclical sector (metals/mining) and modestly improves BMO’s investment banking footprint.
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