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PARAGRAPHBMO will fund the transaction primarily with excess capital. BMO will not proceed with and business bankers will be able to help even more customers achieve real financial progress. Dec 21 Written By Terri Baker. After the acquisition closes, BMO will have a position in. The transaction, which was approved by the boards of directors.
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Who is BMO buying out?BMO officially completed the acquisition of Bank of the West on February 1, , and the conversion to the BMO system occurred over Labor Day Weekend (starting. Bank of Montreal (BMO) completed the acquisition of Bank of the West in. BMO will acquire Bank of the West for a cash purchase price of $ billion or $ billion net of estimated $ billion of excess capital (at closing) at.
