Western Union's Intermex Deal Wins New York Approval but Stalls in California

Western Union said its pending acquisition of International Money Express (Intermex) has received regulatory approval from New York, but still requires further review in California. The approvals reduce execution risk, though the outcome is not yet fully cleared. Net impact is likely limited until additional state regulatory reviews conclude.

Analysis

Western Union said its pending acquisition of International Money Express (Intermex) has received regulatory approval from New York, but still requires further review in California. The approvals reduce execution risk, though the outcome is not yet fully cleared. Net impact is likely limited until additional state regulatory reviews conclude.