BMO:CC - Bank of Montreal gets regulatory approval to acquire Bank of the West
- BMO Financial Group ( NYSE: BMO ) and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. on Tuesday said that it has received all regulatory approvals required to complete its acquisition of Bank of the West from BNP Paribas ( OTCQX:BNPQY ).
- Pursuant to the closure and until conversion of the combined banks' systems which is expected in early September 2023, customers will continue to receive service through their respective Bank of the West and BMO branches, websites and mobile applications.
- BMO also looks forward to over 9,300 Bank of the West employees joining the BMO family.
- The deal will close on February 1, 2023, subject to the satisfaction of customary closing conditions.
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Bank of Montreal gets regulatory approval to acquire Bank of the West