- Bank of Montreal ( NYSE: BMO ) entered into a definitive agreement to acquire Radicle, Calgary-based leader in sustainability advisory services and solutions, and technology-driven emissions measurement and management.
- "The acquisition of Radicle supports BMO's Climate Ambition to be our clients' lead partner in the transition to a net-zero world, and the progress we're making for a thriving economy, a sustainable future, and an inclusive society," BMO Capital Markets CEO Dan Barclay commented.
- Terms remain undisclosed.
- Transaction is expected to close by end of CY22 wherein Radicle management team and employees will become part of BMO Capital Markets' Global Markets group.
For further details see:
Bank of Montreal to acquire Radicle, environmental services company, for undisclosed terms