Western Union CO
For the period ended Mar 31, 2025. Filed Apr 23, 2025.
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Mar 31, 2025 · Filed Apr 23, 2025
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14. Subsequent Event
In March 2025, the Company entered into an agreement to acquire the entire share capital of Eurochange Limited, a provider of retail foreign exchange services in the United Kingdom, for cash consideration of approximately £60 million ($77 million as of March 31, 2025), inclusive of cash acquired. The Company completed the acquisition in April 2025. Management expects that the acquisition will further enable the Company to deliver accessible financial services to consumers by expanding its foreign exchange services and owned locations in the United Kingdom.
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