Woori BMO Group

Recent News

  • Woori BMO Group Comments on Finance of America Set for IPO

    Toronto, Ontario--(Newsfile Corp. - October 15, 2020) - Woori BMO Group has today commented on Blackstone Group-backed consumer-leading platform Finance of America Equity Capital LLC as they get set to go public with a valuation of $1.9 billion through a publicly traded special purpose acquisition company (SPAC) merger, the popular way to list this year."Finance of America is merging with the special-purpose acquisition company Replay Acquisition Corp. This will give the company a valuation of $1.9 billion. The company will...

    2020-10-15 1:00 PM EDT
  • Woori BMO Group Reports on Clover Health as They Go Public in $3.7 Billion SPAC Deal

    Toronto, Ontario--(Newsfile Corp. - October 9, 2020) - ​Woori BMO Group has today commented on Clover Health, the insurance start-up backed by Alphabet Inc. and Sequoia, as it agrees to go public through a merger with a special purpose acquisition company created by Palo Alto-based venture capitalists, Social Capital Hedosophia Holdings Corp. III.Christian Harper, Director of EMEA Wealth Management at Woori BMO Group, reported, "The deal gives Clover Health a company valuation of $3.7 billion, raising $1.2 billion in proceeds....

    2020-10-09 9:13 AM EDT