Afterroughlyayearofworkingoutadeal,China’smobilepayleaderAntFinancialultimatelyfailedtoacquireUSmoneytransferfirmMoneyGramduetoanobjectionfromtheUSgovernment,th
Afterroughlyayearofworkingoutadeal,China’smobilepayleaderAntFinancialultimatelyfailedtoacquireUSmoneytransferfirmMoneyGramduetoanobjectionfromtheUSgovernment,th
ChinesepaymentscompanyAntFinancialisplanningtoresubmititsapplicationforU.S.reviewofitsdealtobuyMoneyGramInternationalInc(MGI.O)for$1.2billion,asourcefamiliarwit
Chinese firm Ant Financial’s 1.2-billion-dollar acquisition of US cash-transfer group MoneyGram is in doubt after US lawmakers criticized the deal as a threat to national security.
ChinesefirmAntFinancial’s1.2-billion-dollaracquisitionofUScash-transfergroupMoneyGramisindoubtafterUSlawmakerscriticizedthedealasathreattonationalsecurity.Repub