MoneyGram International Inc. will become a private company after being acquired by Chicago-based private equity firm Madison Dearborn Partners LLC, the companies revealed on Tuesday.
The all-cash transaction will amount to $11 per share or around $1.8 billion in total with Madison Dearborn...
Moneygram International and Walmart announced on Tuesday that they agreed to extend their partnership until March 2024.
The deal extension means that Moneygram payments and money transfers will be available to Walmart customers at 4,700 stores. "We are extremely excited to extend...
Shares of the Western Union Co soared over 11% on Tuesday after some media reports that the company wants to buy American money transfer company MoneyGram International Inc.
The deal, if successful, would combine two of the biggest money-transfer services in the United...
Ripple Inc. announced it will invest up to $50 million in MoneyGram International Inc. The blockchain company already made an initial investment of $30 million in MoneyGram's common stock and a warrant to purchase common stock, the statement said. It will spend up to $20 million more at a...
MoneyGram International Inc. agreed to pay $125 million in penalties to the United States Justice Department for failing to comply with the terms set by the 2012 settlement relating to the company's money laundering and wire fraud violations. Besides the monetary fee, the Dallas-based money...
A proposed $1.2 billion deal between MoneyGram International Inc. and Ant Financial Services Group, the mobile transfers affiliate of China’s Alibaba Group Holding Inc., has been terminated. The companies failed to obtain approval from the Committee on Foreign Investment in the United States...
Alibaba Group Holding Ltd.'s payments unit is looking to secure $3.5 billion in financing to bolster the budget for overseas acquisitions, an unnamed source told CNBC. The report published on Wednesday adds the round will be in the form of debt and that the Ant Financial Services Group initially...
The latest offer for MoneyGram International Inc., which the company backed and published jointly with the bidder on Monday, is $18 per share or $1.2 billion in total. Ant Financial Services Group, the mobile transfers affiliate of Alibaba Group Holding Ltd. of China, boosted its previous bid by 35.8% one...
E-payment platform operator Euronet Worldwide Inc. offered $15.2 in cash for every outstanding share of MoneyGram International Inc., also listed on the Nasdaq. The bid launched on Tuesday values the target entity at more than $1 billion and compares to $13.25 per share or $880 million in total...
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