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(Reuters) - Ant Financial's plan to acquire U.S. money transfer company MoneyGram International Inc collapsed on Tuesday after a U.S. government panel rejected it over national security...
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Most high-profile Chinese deal to be torpedoed under the administration of U.S. President Donald Trump
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BI Intelligence
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Wikimedia Commons
MoneyGram International and Ant Financial agreed to terminate their merger agreement.
Ant Financial is owned by Alibaba.
MoneyGram shares fell more than 8% on the news....
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China's Ant Financial, an affiliate of Jack Ma's Alibaba Group, has withdrawn its offer to buy Dallas-based Moneygram in the face of opposition from the U.S. Treasury.
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BEIJING (AP) -- Money transfer company MoneyGram says its proposed acquisition by Chinese billionaire Jack Ma's Ant Financial Services Group has been called off after a U.S...
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Ant Financial Services Group’s failed bid to acquire Dallas-based MoneyGram International Inc after three rounds of reviews by a U.S.
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The Chinese company’s canceled takeover bid for MoneyGram shows that forging close ties with the White House doesn’t guarantee business success.
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US block on $1.2bn deal highlights national security concerns over Chinese M&A
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U.S. Squashes Ant Financial's MoneyGram Dream
