Western Union Completes Acquisition of Finint S.r.l.
31 10월 2011 - 8:50PM
Business Wire
The Western Union Company (NYSE:WU), a leader in global payment
services, today announced it has completed the acquisition of
Finint S.r.l., one of Western Union’s leading money transfer
network Agents in Europe.
Western Union President and CEO Hikmet Ersek said, "We are very
pleased to complete the acquisition of Finint, which advances our
strategy of growing the money transfer business in Europe. Adding
Finint to our network will allow us to get closer to the consumer
and offer better consistency in the customer experience across
thousands of locations in Europe."
Finint manages more than 10,000 subagent locations across Italy,
Spain, and the United Kingdom. Western Union previously owned 30
percent of the company prior to acquiring the remaining 70 percent.
The transaction complements Western Union's acquisitions of leading
European network agents FEXCO in 2009, and Angelo Costa S.r.l.
earlier this year.
About Western Union
The Western Union Company (NYSE: WU) is a leader in global
payment services. Together with its Vigo, Orlandi Valuta, Pago
Facil and Western Union Business Solutions branded payment
services, Western Union provides consumers and businesses with
fast, reliable and convenient ways to send and receive money around
the world, to send payments and to purchase money orders. The
Western Union, Vigo and Orlandi Valuta branded services are offered
through a combined network of approximately 485,000 agent locations
in 200 countries and territories. In 2010, The Western Union
Company completed 214 million consumer-to-consumer transactions
worldwide, moving $76 billion of principal between consumers, and
405 million business payments. For more information, visit
www.westernunion.com.
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