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BRIEF-Euronet Worldwide comments on MoneyGram review of Ant Financial agreement
July 13, 2017 / 4:40 PM / 2 months ago

BRIEF-Euronet Worldwide comments on MoneyGram review of Ant Financial agreement

July 13 (Reuters) - Euronet Worldwide Inc:

* Issues statement regarding MoneyGram International and review of its agreement to merge with Ant Financial Services

* Determined it was important to clarify stance on recent developments regarding proposed Ant Financial and MoneyGram merger

* Continue to advocate that “Ant Financial does not meet standards to assume responsibilities of a U.S. money transmitter​”

* “Do not see any way risks involved in transaction could be mitigated”, particularly in light of Ant Financial’s rationale for deal Source text for Eikon: Further company coverage:

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