Bank of Montreal agrees deal to buy UK's F&C for 708 mln stg
January 28, 2014 at 02:54 AM EST
LONDON, Jan 28 (Reuters) - Canada's Bank of Montreal confirmed on Tuesday it will acquire UK fund manager F&C Asset Management, operator of the world's oldest investment trust, for an agreed 708 million pounds ($1.17 billion) in cash to expand its wealth management arm.