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Source PR Newswire Financial Services prnewswire.com Newswire
October 29, 2026 ai_technology finance

BMO Closes Sale of Transportation and Vendor Finance Businesses

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Overview

TORONTO and CHICAGO, Oct. 29, 2026 /PRNewswire/ -- 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)...

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