Financial M&A » By The Online Investor Staff, updated Thu., Apr. 18, 10:03 PM
Recent mergers and acquisitions in the Financial M&A category.
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Slide #13. BMO Financial Group — F&C Asset Management plc
Acquirer:
BMO Financial Group (NYSE:BMO)
Acquiree:
F&C Asset Management plc
Details:
Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that it has completed the acquisition of F&C Asset Management plc through its wholly owned subsidiary, BMO Global Asset Management (Europe) Limited.
Bank of Montreal is a financial services provider based in North America. Co. conducts business through three operating groups: Personal and Commercial Banking, which provides customers with a range of financial products and services, including deposits, lending, and everyday financial and investment advice through a network of branches, dedicated contact centers, digital banking platforms and automated teller machines; BMO Wealth Management, which provides a range of wealth, asset management and insurance products and services; and BMO Capital Markets, which provides equity and debt investment and corporate banking services, as well as global market sales and trading solutions.
Preferred: HBC.PR
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Avg. Broker Rec.
 
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Strong Buy (3.54 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: BMO Stock Forecast Based on Zacks ABR data; powered by Xignite |
