Western Union and Intermex clear Hart-Scott-Rodino waiting period
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The Western Union Company (NYSE: WU) and International Money Express, Inc. (NASDAQ: IMXI) announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for Western Union's planned acquisition of Intermex.
The expiration represents a regulatory approval for the transaction, which was announced earlier this year. The acquisition is expected to close in mid-2026, subject to obtaining other regulatory approvals, approval by Intermex stockholders and satisfaction of other customary closing conditions.
Western Union operates cross-border money movement and digital financial services across more than 200 countries and territories. The company serves consumers, businesses, financial institutions and governments through hundreds of thousands of retail locations and digital platforms.
Founded in 1994, Intermex enables consumers to send money from the United States, Canada, Spain, Italy, the United Kingdom and Germany to more than 60 countries. The Miami-based company operates through agent retailers, company-operated stores, mobile apps and websites, with transactions fulfilled through thousands of retail and bank locations worldwide.
The information is based on a joint press release statement from both companies.
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