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Western Union Confirms Preliminary Discussions to Acquire OzForex

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The Western Union Company (NYSE: WU) today confirmed that it has
submitted a non-binding, indicative proposal to potentially acquire
online payments services provider OzForex Group Limited, which is listed
on the Australian Stock Exchange. The discussions are at a preliminary
stage, and the proposal is subject to detailed diligence and a number of
conditions so there is no certainty that a transaction will occur.

The Company does not intend to provide any further comment on the
potential transaction at this time.

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

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Posted-In: M&A News Press Releases

 

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