ant financial buys moneygram
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Business Alibaba's Ant Financial Acquires MoneyGram for $880m
E-commerce giant, Alibaba's digital payment arms, Ant Financial is buying US-based MoneyGram for $880m (£700m). MoneyGram has about 350,000 outlets in nearly 200 countries. Ant Financial has more than 630 million users. The takeover by the Chinese group will need regulatory approval from the...- ProfRem
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