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.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    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:

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    $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

    Advertisement: Scroll to Continue

    200 | Number of countries MoneyGram is available in

    $60 billion | Current valuation of Ant Financial


    Recommended

    cryptocurrency-bitcoin-wedding-prenup

    Love, Honor and Ledger: Why Couples Are Marrying With Crypto Prenups

    Bessent Says Crypto Firms Are Sabotaging Best Chance for Rules

    Figure, blockchain

    Figure Tests Future of Trading With Blockchain Stock Launch

    AI, pharmaceuticals, drug discovery

    Pharma Rewires Drug Development With AI Operations

    See More In: , , ,