BMO eyes Euroz Hartleys' capital markets business
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BMO eyes Euroz Hartleys' capital markets business
Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million. The ASX-listed wealth firm said BMO made the confidential, non-binding and conditional proposal to acquire the business unit for a cash consideration. The capital markets business provides institutional dealing, research and corporate finance services, catering to companies and institutional clien…
Euroz Hartleys (ASX:EZL) confirms Canadian heavyweight BMO has made a A$145m cash bid for its Capital Markets arm
Private Wealth stays in-house, reframing EZL as a smaller, cleaner platform with a Canadian ally attached West Australian financial services business Euroz Hartleys Group (ASX:EZL) has confirmed rumours that the Australian Financial Review floated yesterday. BMO Financial Group, the Canadian banking heavyweight listed in Toronto and New York, has lobbed a confidential, non-binding cash proposal of A$145 million for the Capital Markets business. …
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