Courtesy of Benzinga.
The Western Union Company (NYSE: WU) today confirmed that it has
submitted a non-binding, indicative proposal to potentially acquire
online payments services provider OzForex Group Limited, which is listed
on the Australian Stock Exchange. The discussions are at a preliminary
stage, and the proposal is subject to detailed diligence and a number of
conditions so there is no certainty that a transaction will occur.
The Company does not intend to provide any further comment on the
potential transaction at this time.
About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment
services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western
