Banking

Fintech Funding: BMO uses $2.7B in public offering of typical shares

To fund its acquisition of Bank of the West and its subsidiaries, the Bank of Montreal is providing 18,125,000 typical shares at a rate of $149 per share. Gross earnings will be $2.7 billion for the Canadian bank. The offering is being financed on a bought-deal basis by a distribute of underwriters led by BMO […]



Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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