Francisco to buy payments firm Moneris from RBC, BMO for $1.4B
Moneris accounts for one-third of transactions in Canada
Two of Canada’s largest banks agreed to sell payments firm Moneris Solutions Corp. to Francisco Partners for C$2 billion ($1.4 billion) in cash. Royal Bank of Canada and Bank of Montreal will each record a large gain on the sale of the business, which provides point-of-sale machines and other payment services to thousands of businesses […]
