Ant Financial's bid for money transfer company Moneygram upped by Euronet.
The one unusual suspect in financial services M&A has been Alibaba’s Ant Financial as we discussed in newsletter one where we highlighted its $880M deal for money transfer company Moneygram.
But the plot thickened later that day, in fact.
Ant Financial’s bid was upped by Euronet which offered $954.7M (a 15% premium).
