BMO Closes Sale of Transportation and Vendor Finance Businesses

Markets PR Newswire By PR Newswire 29 Oct 2026 22:30 1 min read
BMO Closes Sale of Transportation and Vendor Finance Businesses

TORONTO and CHICAGO, Oct. 29, 2026 /CNW/ -- BMO Financial Group (TSX: BMO) (NYSE: BMO) today announced it has closed the previously announced sale of its Transportation Finance and Vendor Finance businesses to Stonepeak. At closing, BMO transferred approximately 75% (C$11 billion) of the...

Read the full story on PR Newswire → Opens the original article on www.prnewswire.com

Summary aggregated from PR Newswire's public RSS feed. The full reporting belongs to PR Newswire — please read it on their site.