Francisco Partners to buy Moneris for about C$2 billion from BMO and RBC
Reuters2026/08/11 02:17Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Francisco Partners agreed to buy Canadian payments provider Moneris from BMO and RBC for about C$ 2 billion in cash.
- BMO and RBC will split proceeds equally, retaining long-term exclusive referral agreements to send customers to Moneris.
- Jeff Sloan, former Global Payments CEO, will join Moneris as chairman as the ownership changes.
- The deal is expected to close by the end of the first quarter of BMO and RBC’s fiscal 2027 year.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Francisco Partners Management LLC published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.
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