International Money Express IncAcquisition by Western Union is nearing final regulatory approval, which is positive for Intermex as it will be acquired.
Western Union and Intermex announced that money transmission regulators in 51 U.S. states and territories and all international jurisdictions have approved or not objected to Western Union's pending acquisition of Intermex, with approval pending from only one U.S. state. The companies remain in active discussions with regulators, including the New York State Department of Financial Services, to secure the final approval. They expect to close the transaction as soon as reasonably practicable after receiving that approval and satisfying other customary closing conditions.
International Money Express IncAcquisition by Western Union is nearing final regulatory approval, which is positive for Intermex as it will be acquired.
Western Union CoWestern Union's acquisition of Intermex is nearing final regulatory approval, clearing a major hurdle to close the deal.