Today in Data: Ant Financial Closes in On MoneyGram Deal

By  |  May 5, 2017
 | 

After a long and arduous bidding war, Ant Financial is closing in on its deal to acquire money transfer company MoneyGram.

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    Reuters has reported a number of large name banks are involved in the loan process to make this a done and dusted transaction.

    Here are the numbers:

    $3.5 billion | Amount Ant Financial is set to acquire MoneyGram for

    14 | Total number of banks in the loan acquisition process

    $880 million | Initial amount offered by Ant Financial for acquisition in January 2017

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    200 | Number of countries MoneyGram is available in

    $60 billion | Current valuation of Ant Financial


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