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BMO Completes Acquisition of Euroz Hartleys Capital Markets Business, Strengthening its Leading Global Metals and Mining Franchise
BMO completes acquisition of Euroz Hartleys' Australian capital markets business
Key points
- The acquired business is the Australian capital markets arm of Euroz Hartleys Group Limited, listed on the ASX as EZL.
- The Euroz Hartleys capital markets team in Perth adds equities research, institutional sales and trading, and equity capital markets.
- BMO has been recognized as the world's best Metals & Mining Investment Bank by Global Finance Magazine for 17 consecutive years.
Why it matters. The deal expands BMO Capital Markets' presence in Australia and gives corporate and institutional clients a broader platform, according to the company.
BMO Financial Group said it has completed its purchase of the Australian capital markets business of Euroz Hartleys Group Limited (ASX: EZL). The deal adds a Perth team in equities research, institutional sales and trading to BMO's Melbourne office, which has operated in Australia since 2004. BMO said the combined platform links clients to capital across Australia, North America and Europe.
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BMO Completes Acquisition of Euroz Hartleys Capital Markets Business, Strengthening its Leading Global Metals and Mining Franchise
BMO Financial Group (TSX: BMO) (NYSE: BMO) today announced the completion of its acquisition of the Australian capital markets business of Euroz Hartleys Group Limited (ASX: EZL), strengthening its leading global metals and mining franchise and expanding BMO Capital Markets' presence in Australia. , /PRNewswire/ -- BMO Financial Group (TSX: BMO) (NYSE: BMO) today announced the completion of its acquisition of the Australian capital markets business of Euroz Hartleys Group Limited (ASX: EZL), strengthening its leading global metals and mining franchise and expanding BMO Capital Markets' presence in Australia. The acquisition combines BMO's global investment banking and distribution capabilities with Euroz Hartleys' deep Australian expertise in equities research, institutional sales and trading, equity capital markets, mergers and acquisitions, and strategic advisory. The combined platform connects clients more directly with capital, investors and opportunities across Australia, North America and Europe. BMO has operated in Australia since 2004 with an office in Melbourne. The addition of the Euroz Hartleys capital markets team in Perth significantly expands BMO's Australian capabilities and establishes a broader platform serving corporate and institutional clients. BMO has been recognized as the world's best Metals & Mining Investment Bank by Global Finance Magazine for 17 conse.