# BMO Closes Sale of Transportation and Vendor Finance Businesses

- Source: PR Newswire M&A
- Published: 2026-10-29T22:30:00+00:00
- Category: Business
- Original: https://www.prnewswire.com/news-releases/bmo-closes-sale-of-transportation-and-vendor-finance-businesses-302924335.html
- Canonical: https://groundlevelnews.com/story/bmo-closes-sale-of-transportation-and-vendor-finance-businesses-2bb615/

TORONTO and CHICAGO, Oct. 29, 2026 /PRNewswire/ -- BMO Financial Group (TSX: BMO) (NYSE: BMO) today announced it has closed the previously announced sale of its Transportation Finance and Vendor Finance businesses to Stonepeak. At closing, BMO transferred approximately 75% (C$11 billion)...

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