Ant Financial is expected to make a third try for U.S. approval of its takeover of MoneyGram International Inc. as a secretive national security panel throws up hurdles for Chinese investors seeking to buy American companies.
The former affiliate of Jack Ma’s Alibaba Group Holding Ltd. is preparing to resubmit the $1.2 billion deal for review before the U.S. Committee on Foreign Investment, or CFIUS, said people familiar with the matter who asked not to be identified because the process isn’t public.
