Canadian Banks Selling Moneris To Francisco For $1.4B

By Al Barbarino ( August 11, 2026, 5:54 PM EDT) -- Toronto-based payments company Moneris Solutions Corp. has agreed to be acquired by Francisco Partners Management LP for about CA$2 billion ($1.44 billion), as joint owners Bank of Montreal and Royal Bank of Canada look to exit the business while keeping commercial ties, the companies said Monday....

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