MoneyGram’s extensive range of services would likely complement Ant Financial’s various businesses, which include Alipay and money market fund Yu’e Bao. Photo: Bloomberg

Alibaba affiliate Ant Financial to acquire MoneyGram in US$880 million deal

Transaction marks Ant Financial's biggest corporate takeover in the United States

Topic |   Alibaba

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MoneyGram’s extensive range of services would likely complement Ant Financial’s various businesses, which include Alipay and money market fund Yu’e Bao. Photo: Bloomberg
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