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Western Union Deal Moves Closer as Intermex Receives Regulatory Approval
International Money Express received an important regulatory approval for its pending acquisition by Western Union, removing a key remaining condition for the transaction. Western Union agreed to acquire Intermex in an all-cash deal valued at approximately $500 million, or $16 per share, when the transaction was announced in 2025. 🤝
The approval represents another step toward completion of the combination, which is designed to strengthen Western Union’s retail money-transfer presence in the United States and expand its coverage of Latin America and the Caribbean. Intermex operates through a network of agents and digital channels, giving Western Union additional reach across important remittance corridors. 🌎 The transaction remains subject to the remaining closing conditions required under the agreement.
Western Union Deal Moves Closer as Intermex Receives Regulatory Approval
International Money Express received an important regulatory approval for its pending acquisition by Western Union, removing a key remaining condition for the transaction. Western Union agreed to acquire Intermex in an all-cash deal valued at approximately $500 million, or $16 per share, when the transaction was announced in 2025. 🤝
The approval represents another step toward completion of the combination, which is designed to strengthen Western Union’s retail money-transfer presence in the United States and expand its coverage of Latin America and the Caribbean. Intermex operates through a network of agents and digital channels, giving Western Union additional reach across important remittance corridors. 🌎 The transaction remains subject to the remaining closing conditions required under the agreement.