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

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• Source: https://bankautomationnews.com/allposts/retail/fintech-funding-bmo-offers-2-7b-in-public-offering-of-common-shares/