On April 16, 2017, Ant Financial and MoneyGram announced that the companies have entered into an amendment to the definitive agreement under which Ant Financial would merge with MoneyGram, acquiring all of the outstanding shares of MoneyGram for $18.00 per share in cash. The MoneyGram board of directors has unanimously approved the amended merger agreement and the companies have already made significant progress towards obtaining the regulatory approvals necessary to complete the merger. The transaction continues to be expected to close in the second half of 2017.

Our Vision

By joining forces with MoneyGram, we plan to pursue our shared vision of global financial inclusion. We look to connect MoneyGram’s money transfer network with Ant Financial’s ecosystem of innovative technology-driven financial services, including payments, credit and insurance products.

Investing in America

This transaction is about growing MoneyGram’s business and team. Ant Financial is committed to investing in and expanding MoneyGram’s U.S.-based operations and maintaining the current management team at its headquarters in Dallas, TX.

Transaction Materials

Fact Sheet

Open Letter to MoneyGram Community

Amended Merger Presentation

Contact Information

Sard Verbinnen & Co

Paul Kranhold/Reze Wong/Andrew Duberstein
+1 415 618 8750/+1 212 687 8080
pkranhold@sardverb.com
rwong@sardverb.com
aduberstein@sardverb.com

Ant Financial

Patricia Wu
USA: +1 917 635 3800
China: +86 157 0016 7504
patricia.wu@antfin.com

 

Anna Wang
+86 186 5017 5983
anna.wan@alipay.com

Press Releases & Statements

MoneyGram Agrees to Merge with Ant Financial (January 26)

Letter to Editor of the Wall Street Journal (February 28)

Ant Financial Comments on Definitive Agreement with MoneyGram (March 14)

MoneyGram and Ant Financial Announce Expiration of Hart-Scott-Rodino Waiting Period (March 28)

Ant Financial Publishes Open Letter to the MoneyGram Community (April 6)

Setting the Record Straight on Euronet and its Hostile Proposal for MoneyGram (April 12)

MoneyGram and Ant Financial Enter Into Amended Merger Agreement (April 16)

Letter to Editor of the Washington Times (May 7)

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