Ant Financial to Try Again for U.S. Approval of MoneyGram Deal

Ant Financial is planning to resubmit its application for U.S. review of its deal to buy MoneyGram International Inc for $1.2 billion, a source familiar with the matter said; Ant’s latest attempt for approval would be its third as the maximum time of 75 days for assessing such applications nears completion; CFIUS is a secretive government panel which reviews acquisitions by foreign entities for potential national security risks. Source

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