BMO to Acquire Burgundy Asset Management
June 19, 2025
BMO and Burgundy Asset Management Ltd. signed a definitive agreement for BMO to acquire Burgundy for approximately $625 million. The transaction is expected to close by the end of calendar 2025, subject to customary regulatory approvals and other closing conditions.
- Buyers
- BMO
- Targets
- Burgundy Asset Management Ltd.
- Industry
- Wealth Management
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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