Bank of Montreal

BMO Financial Group in connection with its acquisition of General Electric Capital Corporation’s Transportation Finance Business

Client

Bank of Montreal

Value

-

Service

Mergers and Acquisitions

Date Closed

December 2015

Lead Office

Toronto


 

On September 10, 2015, BMO Financial Group (“BMO”), Canada’s fourth-largest lender, announced the acquisition of GE Capital's Transportation Finance business in the U.S. and Canada.

The proposed transaction will grow BMO’s U.S. commercial banking business.

GE Capital's Transportation Finance business is the largest financier to the commercial truck and trailer segment in North America with a track record of providing wholesale and commercial end user financing solutions to the transportation industry for more than 40 years.

The transaction closed on December 1, 2015.

Osler advised on all Canadian regulatory and commercial aspects of the transaction, including on matters relating to Bank Act and consumer protection with a team comprised of Doug Marshall and Daniel Fombonne (Mergers & Acquisitions), Kashif Zaman, Kevin Whittam and Stephen Clark (Banking and Finance), Patrick Marley, Monica Biringer, David Davachi, Sean Aylward and  D’Arcy Schieman (Taxation), Doug Rienzo and Jon Marin (Pensions & Benefits), Daniel Wong (Employment & Labour), Kelly Moffatt (IT/IP), Shuli Rodal (Competition/Antitrust) and Adam Kardash (Privacy).


Team
Douglas  Marshall
Key Contact

Douglas Marshall

Partner, Corporate

Patrick Marley - Tax Lawyer

Patrick Marley

Partner and Co-Chair, Taxation

Monica Biringer - Corporate Tax Lawyer in Toronto

Monica Biringer

Partner and Co-Chair, Taxation

David Davachi

David Davachi

Partner, Taxation

D’Arcy Schieman

D’Arcy Schieman

Partner, Taxation

Douglas  Rienzo

Douglas Rienzo

Partner, Pensions & Benefits

Jonathan Marin

Jonathan Marin

Associate, Pension & Benefits

Kelly  Moffatt

Kelly Moffatt

Partner, Commercial

Shuli Rodal - Competition Lawyer

Shuli Rodal

Partner, Competition/Antitrust & Foreign Investment

Adam Kardash - Privacy Lawyer

Adam Kardash

Partner, Privacy and Data Management
Co-Lead, AccessPrivacy

John M. Valley

John M. Valley

Partner, Corporate