March 14 U.S. electronics payments provider Euronet Worldwide Inc said on Tuesday it offered to buy money-transfer company MoneyGram International Inc for $15.20 per share, trumping Ant Financial's bid of $13.25 per share.
MoneyGram said its offer for each MoneyGram common share and preferred stock, on an as-converted basis, valued the company at more than $1 billion, in addition to the assumption of about $940 million of MoneyGram's debt outstanding.
Ant Financial Services Group, the payment affiliate of Chinese e-commerce firm Alibaba Group Holding Ltd, on Jan. 26 offered to buy MoneyGram in a deal valued at about $880 million. Ant Financial also said it would assume or refinance MoneyGram's outstanding debt. (Reporting by Sruthi Shankar in Bengaluru; Editing by Savio D'Souza)
BRIEF-General Mills CEO - We've pulled back too far on investments in some key categories in FY2017
* CEO - we've pulled back too far on investments in some key categories and our overall execution was not up to our normal standards in fy2017
MOVES-Deutsche Bank, Goldman Sachs, HSBC Holdings, Houlihan Lokey
June 28 The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email firstname.lastname@example.org.