Tag: The Western Union Company (NYSE:WU)

April 18, 2016 BY Maria Nikolova

MasterCard, Western Union, bKash launch new international remittance receiving service in Bangladesh

Mastercard Inc (NYSE:MA), The Western Union Company (NYSE:WU), bKash and BRAC Bank today announce the launch of a new, international remittance receiving service in Bangladesh. The new service enables bKash’s registered customers to use their mobile phones to get remittances from abroad directly into their bKash accounts. bKash has attracted more than 22 million customers…

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February 09, 2016 BY LeapRate Staff

OzForex shares dive 42% after Western Union talks called off

The stock market can be a very unforgiving place. Following our report yesterday that money transfer services provider OzForex Group Ltd (ASX:OFX) was calling off its acquisition talks with The Western Union Company (NYSE:WU), OzForex shares took a nosedive to the tune of 42%, closing the day Monday at AUD $1.79. The previous day's close was AUD…

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February 08, 2016 BY Maria Nikolova

OFX ends acquisition talks with Western Union

Provider of online payment services Ozforex Group Ltd (ASX:OFX), which recently rebranded as OFX, today announces the termination of acquisition talks with The Western Union Company (NYSE:WU). In November last year, Western Union submitted an indicative conditional proposal for all of OzForex's issued share capital. Under the proposal, Western Union would have acquired 100% of the…

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November 26, 2015 BY Maria Nikolova

OzForex to engage in exclusive acquisition talks with Western Union

Shortly after receiving an indicative conditional proposal from The Western Union Company (NYSE:WU) for all of its issued share capital, Ozforex Group Ltd (ASX:OFX) has agreed to engage in further acquisition talks on exclusive basis to progress the proposal. Under the proposal, Western Union will acquire 100% of the shares of OzForex for an all cash…

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