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Asia Times

Covering geo-political news and current affairs across Asia

Tag: MoneyGram International Inc.

Euronet trumps Alibaba’s Ant Financial offer to buy MoneyGram

by Reuters March 15, 2017February 18, 2020

US electronic payments company Euronet Worldwide launched a US$1 billion bid for rival MoneyGram International on Tuesday, arguing that its all-American deal would face less regulatory scrutiny than a lower bid by China’s Ant Financial Services Group. Ant Financial, the financial services affiliate of Alibaba Group Holding, said it remained committed to the deal. “MoneyGram […]

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