Wikimedia Commons (Reuters) – China’s Ant Financial has sweetened its bid for MoneyGram International Inc by over a third, beating a rival offer to gain approval from the U.S. electronic payment firm’s board, although it still faces regulatory hurdles. Ant’s [ANTFIN.UL] plans to expand globally with the acquisition of one of the biggest firms in […]
Tag: MoneyGram
Euronet just offered $1 billion to buy MoneyGram, outbidding Alibaba’s e-payment company
pr1001 / Flickr March 14 (Reuters) – U.S. electronics payments processor Euronet Worldwide Inc offered to buy U.S. money-transfer company MoneyGram International Inc for more than $ 1 billion, trumping a bid by Ant Financial Services Group, the payment affiliate of China’s Alibaba Group Holding Ltd. Euronet, which has made more than 35 acquisitions, has […]