Alibaba-backed Ant Financials increases bid for MoneyGram to $1.2 billion

Ant Financial Services Group, the payments affiliate of Chinese e-commerce giant Alibaba…

Euronet outbids Alibaba’s Ant Financial with over $1 billion acquisition offer for MoneyGram

The most widely known money transfer company, MoneyGram was being bought out…

Ant Financial looking to raise about $3Bn in debt to fund M&A activity, global expansion

Ant Financial, Alibaba’s spin-off financial services arm, is planning to further its…

Alibaba’s Ant Financial to acquire U.S-based money transfer service MoneyGram for $880Mn

Alibaba’s financial services arm Ant Financial is further extending its roots into…