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Ant Financial Said Considering Higher Offer for MoneyGram

Billionaire Jack Ma’s Ant Financial is considering whether to make a higher offer for MoneyGram International Inc., according to a person familiar with the negotiations, after the U.S. company said a smaller rival’s bid could be a better deal. read more
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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

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

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China's Ant confident of closing MoneyGram deal - exec

BEIJING (Reuters) - Ant Financial ... Ant said earlier that it was making progress and on schedule to obtain all required regulatory and shareholder approvals, while MoneyGram has yet to decide whether it will recommend Euronet's higher offer to its ... read more

Euronet proposal counters MoneyGram-Ant Financial merger; India implications

It looks like MoneyGram’s proposed $880 million merger with China’s Ant Financial might be in trouble following an unsolicited proposal from Euronet, a Kansas-based electronic payments company. MoneyGram’s board is considering Euronet’s proposal ... read more

Euronet Outbids Ant Financial for MoneyGram

Payments processor Euronet is dangling more money and the potential for faster, simpler regulatory approval in front of MoneyGram investors, significantly outbidding China’s Ant Financial ... In addition to the higher monetary offer, it’s the ... read more

GLOBALES: 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

Euronet Worldwide trumps Ant Financial's offer to buy MoneyGram

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

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

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


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