Western Union Company

NYSE:WU   3:59:58 PM EDT
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Products, Expansion

Western Union says to invest up to $200 mln for up to 15% ownership of stc pay

Published: 11/22/2020 10:33 GMT
Western Union Co (WU) - Western Union Advances Its Digital Growth Strategy With Investment in Stc Pay.
Western Union Co - Entered Into a Definitive Agreement to Acquire a Minority Stake in Fast Growing Saudi Digital Payments Company.
Western Union Co - Western Union Will Invest Up to $200 Million for Up to 15% Ownership of Stc Pay.
Western Union Co -to Acquire Minority Stake in Fast Growing Saudi Digital Payments Company, Or Stc Pay, Fully Owned Subsidiary of Saudi Telecom Company.
Western Union Co - Transaction is Expected to Close in Q1 of 2021, Subject to Receiving All Regulatory Approvals.
Western Union Co - in Conjunction With Investment, Companies Extended Terms of Their Commercial Relationship.