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Derek DeCloet on Muck Rack

Derek DeCloet

Verified
(He/Him)
  • Managing Editor, Bloomberg News
  • None, Bloomberg News - Toronto Bureau
Toronto
As seen in: Bloomberg News, MSN, The Washington Post, Yahoo Canada, Yahoo News, Yahoo News Hong Kong, Yahoo News New Zealand, Yahoo Finance, Yahoo Finance Canada, Yahoo Finance New Zealand, Yahoo Finance Singapore and
Covers:  Business, finance, economics, policy, politics.
Bloomberg News. Opinions are mine. Facts matter. Email: ddecloet@bloomberg.net or decloet@protonmail.com. Signal: derek.83 (Header art: Joyce Wieland @ AGO)

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Derek DeCloet’s Biography

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Business journalist in Canada. I work for Bloomberg News.

Articles

Francisco to Buy Payments Firm Moneris From RBC, BMO for $1.4 Billion

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By Derek DeCloet Verified, Christine Dobby Verified
| Financial Post Verified
Skip to Content Two of Canada’s largest banks agreed to sell payments firm Moneris Solutions Corp. to Francisco Partners for C$2 billion ($1.4 billion) in cash. (Bloomberg) — Two of Canada’s largest banks agreed to sell payments firm Moneris Solutions Corp. to Francisco Partners for C$2 billion ($1.4 billion) in cash.
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Francisco to Buy Payments Firm From RBC, BMO for $1.4 Billion

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By Derek DeCloet Verified
| Bloomberg Law Verified
Two of Canada’s largest banks agreed to sell payments firm to for C$2 billion ($1.4 billion) in cash. and will each record a large gain on the sale of the business, which provides point-of-sale machines and other payment services to thousands of businesses in Canada. The two Toronto-based banks will equally share the proceeds, according to a . The deal is expected to close by the end of the banks’ fiscal first quarter in 2027, which is January.
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RBC Reopens $10 Billion Zero-Tech Bond Fund With Deals Surging

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By Derek DeCloet Verified
| Financial Post Verified
(Bloomberg) — Royal Bank of Canada’s asset management unit is opening up a C$13.9 billion ($10 billion) bond fund to new investors, two years after closing it, as it tries to take advantage of a burst of high-yield debt issues in the Canadian market. Sign In or Create an Account RBC’s Phillips, Hager & North High-Yield Bond Fund was a large buyer of new debt issued by Canadian firms such as satellite maker MDA Space Ltd. and mattress retailer Sleep Country Canada.
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