Western Union, Intermex Issue Update On Pending Acquisition

Western Union and Intermex said money transmission regulators in 51 U.S. states and territories, plus all relevant international jurisdictions, have approved or not objected to Western Union's pending transaction. The regulatory clearance removes a key closing hurdle and is a constructive step for both money-transfer companies. The update is largely procedural, but it meaningfully de-risks the deal completion process.

Analysis

Western Union and Intermex said money transmission regulators in 51 U.S. states and territories, plus all relevant international jurisdictions, have approved or not objected to Western Union's pending transaction. The regulatory clearance removes a key closing hurdle and is a constructive step for both money-transfer companies. The update is largely procedural, but it meaningfully de-risks the deal completion process.