Remittance Industry Growth

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Can Western Union's $500M Intermex Bet Boost its Global Edge?
ZACKS· 2025-08-15 22:15
Key Takeaways Western Union will buy Intermex for $16 per share in a $500M all-cash deal.The deal strengthens WU in high-growth Latin America remittance markets.WU expects $30M in annual cost synergies within two years of closing.The Western Union Company (WU) has recently agreed to acquire International Money Express, Inc. (IMXI) or Intermex in an all-cash deal, paying $16 per share, representing an approximately 50% premium. Intermex specializes in cross-border money transfers, especially between the Unit ...