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April 17, 2017 06:01 am GMT

Alibabas Ant Financial may have won the bidding war for MoneyGram after upping its offer to $1.2B

Ant Financial, the Alibaba affiliate company focused on financial services, appears to have finally won its battle with Euronet to acquire MoneyGram, the U.S.-based cross-border payments service, after it increased its bid to $1.2 billion. Read More

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