The acquisition adds to CI's ultra-high-net-worth business
The firm's latest earnings showed client assets growing in its wealth management division
Deal volume ticked up, value surged on mega-deal strength
Much of the portfolio is focused on the technology and life science sectors
Regulatory, financial and economic headwinds all weigh on deal activity
The bank said it's committed to its 2023 strategy and fiscal priorities while the review takes place
Finance extended the consultation period by 15 days to July 21
The US$4.3-billion deal is expected to close in the first half of 2024
BMO ranks among top 10 in global deal advisory business
Both companies said there was no guarantee that an agreement will be reached