Bank of Montreal
BMO: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|kk | LOCK|C&<YM | LOCK|K&@<bN# |
Royal Bank of Canada and BMO: Will Sell Moneris Joint Venture for CAD 2 Billion
Royal Bank of Canada and BMO Financial Group announced on Aug. 10 that they have agreed to sell jointly owned payment processing business Moneris Solutions to Francisco Partners, a private equity firm, for cash consideration of approximately CAD 2 billion.
