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Tag Archives: national security

U.S. blocks MoneyGram sale to China’s Ant Financial on national security concerns

Ant Financial’s plan to acquire U.S. money transfer company MoneyGram International Inc (MGI.O) collapsed on Tuesday after a U.S. government panel rejected it over national security concerns, the most high-profile Chinese deal to be torpedoed under the administration of U.S. President Donald Trump. The $1.2 billion deal’s failure represents a …

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