Announced
Completed
Financials
Sources
Tags
currency exchanges
Acquisition
Financial Data and Systems
Private
United Kingdom
Friendly
Majority
Completed
Private Equity
Single Bidder
Synopsis
Ant Financial acquired UK-based currency exchange WorldFirst, for $641m. WorldFirst CEO Jonathan Quin said in a letter sent out to clients that the company “will continue to operate as a UK-headquartered and regulated business with global operations” while becoming a wholly-owned division of Ant Financial.
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