Brief: RBC Announces Sale Of Moneris To Francisco Partners
BRIEF-RBC Announces Sale Of Moneris To Francisco Partners Aug 10 (Reuters) - Royal Bank of Canada RY.TO:
RBC ANNOUNCES SALE OF MONERIS TO FRANCISCO PARTNERS
RBC - MONERIS TO BE SOLD TO FRANCISCO PARTNERS FOR $2 BILLION, RBC SHARE 50%
RBC - EXPECTS GAIN OF $475 MILLION AFTER-TAX ($560 MILLION PRE-TAX) AS ADJUSTING ITEM
RBC - DEAL EXPECTED TO HAVE MARGINALLY POSITIVE IMPACT TO RBC'S CET1 RATIO UPON CLOSE
RBC - CO AND BMO TO ENTER EXCLUSIVE LONG-TERM CUSTOMER REFERRAL ARRANGEMENTS WITH MONERIS
Source text: ID:nCNWRW5w0a
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