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Verifone Owner in Talks to Buy Payments Firm Moneris
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Verifone Owner in Talks to Buy Payments Firm Moneris
A pair of Canadian banks is reportedly in talks to sell payments-focused FinTech Moneris. The deal between Royal Bank of Canada and Bank of Montreal and the private equity firm Francisco Partners could value Moneris at more than $2 billion, the Financial Times (FT) reported Sunday (May 3), citing sources familiar with the matter. Despite protracted negotiations, a deal could come together by the summer, those sources said, while warnin…
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