Thursday, May 4, 2017

CORRECTED-China's Ant Financial set to ink $3.5 bln loan to help fund MoneyGram bid - Basis Point

HONG KONG, May 4 (Reuters) - Ant Financial Services Group, an affiliate of online shopping giant Alibaba Group, is close to signing a $3.5-billion syndicated loan to help finance its purchase of U.S. money transfer company MoneyGram International, Thomson Reuters Basis Point reported on Thursday.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News

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