U.S. panel obstructs MoneyGram, China's Ant Financial deal

U.S. panel obstructs MoneyGram, China's Ant Financial deal

Photo: Bloomberg

A U.S. government panel rejected Ant Financial‘s acquisition of U.S. money transfer company MoneyGram International Inc over national security concerns, the companies said on Tuesday, the most high-profile Chinese deal to be torpedoed under the administration of U.S. President Donald Trump.

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