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Ant Financial raises MoneyGram bid by 36% to fend off Euronet

Tuesday, April 18, 2017 - 05:50

Beijing

ANT Financial raised its agreed offer for MoneyGram International Inc by 36 per cent as the financial services company controlled by Chinese billionaire Jack Ma tries to top a competing offer.

The revised bid is worth US$18 a share in cash, up from a previous offer of US$13

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