BMO to acquire Burgundy Asset Management for C$625m.

BMO Financial Group, a financial services company, agreed to acquire Burgundy Asset Management, an investment management firm, for C$625m. "Burgundy Asset Management is one of Canada's most respected independent investment managers known for its high calibre team, rigorous investment process and dedicated service to private clients, institutions and family offices," Deland Kamanga, BMO Financial Group Group Head, Wealth Management.