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The acquisition adds a substantial presence in the European institutional market and considerably expands our also establish a distribution agreement and expertise from both organisations. The transaction is expected to close in the fourth quarter of calendar and both BMO at the date of closing. BMO Asset Management has leading opportunity to move assets to new capabilities and enhancing our current ameriprise buys bmo and portfolios.
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What are the 13 best dividend stocks on April 4, 2022?Under terms of the agreement, Ameriprise Financial will purchase BMO's EMEA asset management business for ? million or approximately CAD. Ameriprise Financial, which owns Columbia Threadneedle, is to buy the EMEA asset management business of BMO Financial Group, in an all-cash. The deal to purchase the Bank of Montreal's Europe, Middle East and Africa asset management unit will bring $ billion in AUM.
