BREAKING BMO signs deal to acquire Air Miles loyalty program
The bank said in a statement that the acquisition will accelerate the future growth of one of Canada’s largest loyalty programs.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way.
The deal has been proposed as part of LoyaltyOne’s proceeding under the Companies’ Creditors Arrangement Act. There will also be a process to solicit any other interest in a sale or investment in the Air Miles business and any deal would require court approval.Share this article in your social network
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