Western Union Statement

Press release

Published May 7th, 2015 - 10:13 GMT

Al Bawaba

The Western Union Company (NYSE: WU), a leader in global payment services, today issued the following statement:

“Although our policy is not to comment on market rumors or speculation, and that continues to be our policy on a going forward basis, in view of the high level of market activity in our stock today, Western Union states that current news reports indicating that our company is in discussions to acquire MoneyGram International, Inc. are not accurate.”

Background Information

Western Union

We are a global leader in cross-border, cross-currency money movement. From small businesses and global corporations, to families near and far away, to NGOs in the most remote communities on Earth, Western Union helps people and businesses move money - to help grow economies and realize a better world. In 2018, we completed more than 800 million transactions for our consumer and business clients. We continue to innovate, developing new ways to send money through digital, mobile, and retail channels, with an array of convenient pay-out options to meet business and consumer needs.