Intermex

2 results about this entity

Period: 05 Feb 2020 - 11 Aug 2025

/payments

Western Union to acquire Intermex

The Western Union Company (“Western Union”) (NYSE: WU) and International Money Express, Inc. (“Intermex”) (NASDAQ: IMXI) today announced they have entered into a definitive agreement under which Western Union will acquire Intermex in an all-cash transaction at $16.00 per IMXI share, representing a total equity and enterprise value of approximately $500 million.

Intermex taps Ripple for cross-border payments between the US and Mexico

Sending global payments should be easy and cost-effective. Yet, the underlying systems are complex and fragmented, leading to high foreign transfer fees and costly delays.