News
13 May 2026

Stonepeak buys BMO’s transportation finance business

In:
Transport
Region:
Americas

Stonepeak has agreed to acquire BMO Financial Group's Transportation Finance and Vendor Finance businesses in North America.BMO is reinvesting for a 19.9% minority stake. The transaction is expected to close in Q4 2026. BMO Transportation and Vendor Finance provides customised financing for...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
15 May 2026

Jabiru-1: Sky high disputes for satellite project finance

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an...

Perspective
21 May 2026

Crypto lenders and commercial banks move into GPUs

Private credit is losing its share of the AI computing market at both ends. Hyperscale credits are migrating to banks, and the lower-rated borrowers to decentralised finance.