arrow_first

China's Ant Financial sets sights on global payments

Alibaba’s financial affiliate pays $880 million to acquire MoneyGram, highlighting its ambition to broaden its service offerings in the face of stiff domestic competition.
China's Ant Financial sets sights on global payments

Ant Financial is set to pursue the biggest acquisition in its history after agreeing to take over US remittance service provider MoneyGram International for $880 million, continuing a recent — and aggressive — approach to offshore acquisitions by the company.

Sign-in to access CorporateTreasurer content.

Please sign in to your subscription to unlock full access to our premium CT resources.

Free Registration & 7-Day Trial

Register now to enjoy a 7-day free trial. Click the link to get started.

Note: This free trial is a one-time offer. You are eligible for one free trial per year.

If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.

Questions?

If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.
¬ Haymarket Media Limited. All rights reserved.
Sign up for CorporateTreasurer’s Newsletter
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
Become a CorporateTreasurer Subscriber
for unlimited access to all articles, newsletters