BMO Expands Presence in China with 19.99 per cent Stake in China’s COFCO Trust

BMO announced that it has entered into a definitive agreement to acquire a 19.99 per cent interest – the maximum permitted for a foreign investor – in COFCO Trust Co., a subsidiary of COFCO Group – one of China’s largest state-owned enterprises with operations across a variety of sectors, including agriculture and financial services.

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