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Benzinga
Benzinga
Business
Namrata Sen

Western Union To Acquire Intermex For $500 Million: IMXI Stock Surges 54%, WU Gains Over 1% In Monday Premarket

Stuttgart,,Germany,-,05-27-2024:,Smartphone,With,Logo,Of,Us,Financial

In a strategic move to expand its presence in Latin America, Western Union Co. (NYSE:WU) has announced the acquisition of Intermex (NASDAQ:IMXI) for approximately $500 million.

Western Union To Acquire Intermex in $16-Per-Share Deal

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