After a long and arduous bidding war, Ant Financial is closing in on its deal to acquire money transfer company MoneyGram.
Reuters has reported a number of large name banks are involved in the loan process to make this a done and dusted transaction.
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!
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
200 | Number of countries MoneyGram is available in
$60 billion | Current valuation of Ant Financial