Reported about 12 hours ago
Western Union has announced its agreement to acquire International Money Express (Intermex) for approximately $500 million, enhancing its digital services and expanding its retail operations in the U.S. The deal is anticipated to be completed by mid-2026, subject to regulatory approvals. The acquisition is expected to positively impact Western Union's earnings and yield annual cost synergies of around $30 million, while integrating Intermex's customer base of six million.
Source: YAHOO