News

Western Union admits potential interest in OFX acquisition

Friday 20 November 2015 10:50 CET | News

Western Union has submitted a proposal to potentially acquire online payments services provider OFX.

The payments services provider is listed on the Australian Stock Exchange.The discussions are at a preliminary stage, and the proposal is subject to detailed diligence and a number of conditions.

Therefore, there is no certainty for a successful completion of the transaction. The company does not intend to provide any further comment on the potential transaction at this time.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Western Union, money transfer, remittance, OFX, acquisition, payments services provider, Australia, Stock Exchange
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events