Picture of Bank of Montreal logo

BMO — Bank of Montreal News Story

0.000.00%
ca flag iconLast trade - 00:00
FinancialsConservativeLarge CapSuper Stock

Brief: RBC Announces Sale Of Moneris To Francisco Partners

BRIEF-RBC Announces Sale Of Moneris To Francisco Partners

- 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

Further company coverage: RY.TO


((Reuters.Briefs@thomsonreuters.com;))

Recent news on Bank of Montreal

See all news