Jun 4, 2026 – 3.36pmBank of Montreal, the 208-year-old banking giant capitalised at $C158 billion ($159 billion) on the Toronto Stock Exchange, wants a piece of the action Down Under.Street Talk can reveal BMO is progressing plans to lob a takeover proposal at Euroz Hartleys, a prominent West Australian-based stockbroking and wealth advisory firm, that is chaired by Andrew McKenzie and favoured by local fund managers and investors.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Canadian banking giant readies for M&A bet in West Australia
Deliberations within the investment bank are well-progressed, they added, and McKenzie and his board are “well aware” of the Canadian outfit’s plans.
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