MoneyGram International Inc, a global money transfer platform, has announced today that it will be acquired by Madison Dearborn Partners, a leading private equity firm based in Chicago.
Madison Dearborn Partners has agreed to acquire MoneyGram in a $1.8 billion deal. The deal will offer shareholders $11 per share and will make MoneyGram a privately-held company. MoneyGram anticipates the acquisition will help it advance digital growth and compete against smaller fintechs. MoneyGram, an 82-year-old fintech, announced today it has agreed to be acquired Read more...
Ares Management has led what it says is the biggest-ever unitranche loan through the £1.875m financing for insurance broker The Ardonagh Group.The firm...
