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Ant Financial considers higher offer for MoneyGram, confident deal will go through

In January, Ant Financial first announced the plan to acquire US-based money transfer service MoneyGram, a process that is currently awaiting regulatory approval. But today, Bloomberg reported that the company is considering a higher offer following an ... read more

Leawood-based Euronet moves forward in fight with Chinese company for control of MoneyGram

Meanwhile Monday, Ant Financial reportedly is considering whether to make a higher offer for MoneyGram, according to a Bloomberg News report that cited unidentified sources. The source said it’s likely that Ant will either counter the bid with a higher ... read more

Euronet just offered $1 billion to buy MoneyGram, outbidding Alibaba's e-payment company

Euronet focuses more on independent agents, while MoneyGram focuses on large retailers and national post offices, Euronet said. Euronet's offer, unlike the one from Ant Financial ... investors were expecting a higher offer. Euronet's shares were down ... read more

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Ant Financial confirms higher offer for MoneyGram bid, but political and regulatory challenges remain

Ant Financial has been considering to raise its bid ... REGISTER NOW. The post Ant Financial confirms higher offer for MoneyGram bid, but political and regulatory challenges remain appeared first on e27. read more

UPDATE 1-Euronet Worldwide trumps Ant Financial's offer to buy MoneyGram

It said it would also assume or refinance MoneyGram's outstanding debt. Based on MoneyGram's roughly 53 million outstanding shares, Euronet's bid is valued at about $807 million, higher than Ant Financial's offer of about $703 million, according to Reuters ... read more

Euronet Worldwide trumps Ant Financial's offer to buy MoneyGram

MoneyGram shares surged nearly 25 percent to close at $15.77 on Tuesday, above Euronet's cash offer of $15.20 per share, indicating investors expect a higher bid to materialize. Ant Financial said in January it would acquire Dallas-based MoneyGram for $13 ... read more


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