TORONTO - Royal Bank of Canada and BMO Financial Group have agreed to jointly sell Moneris Solutions Corp.
TORONTO - Royal Bank of Canada and BMO Financial Group have agreed to jointly sell Moneris Solutions Corp.
Payment processing company Moneris says it will be acquired by Francisco Partners for a cash consideration of about $2 billion, with BMO and RBC each receiving a 50 per cent share.
RBC and BMO are selling Moneris Solutions to San Francisco-based investment firm, Francisco Partners, for $2 billion. Read more
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