Chinese billionaire Jack Ma has dropped his bid to buy US money transfer company MoneyGram after Washington rejected the $1.2bn deal in a fresh example of heightened American scrutiny of Chinese investment.MoneyGram International Inc. and Ma's Ant Financial Services Group failed … [Read more...] about Trump administration bars $1.2b Chinese acquisition of MoneyGram
Ant financial services group
Keller was represented by David Peitsch, chief legal officer of Keller Foundations LLC, and was advised by Blake, Cassels & Graydon LLP with a team led by David Glennie and Michael Kariya (M&A/corporate), which included Jason Gudofsky and David Rosner (competition); … [Read more...] about Keller Group Completes Acquisition of Piling Division from North American Energy Partners
On January 26, 2017, MoneyGram International, Inc., a Dallas, TX based provider of money transfer services, entered into an Agreement and Plan of Merger with Alipay (UK) Limited, a United Kingdom limited company (“Parent”), Matrix Acquisition Corp., a … [Read more...] about Upcoming/New CFIUS Filing: Ant Financial and MoneyGram International, Inc.
Status: ClearanceAcquirer: Ant Financial (China)Acquired: EyeVerify, Inc. (US)Value: Approx. US$70 millionIndustry: Software; biometric authenticationOn September 13, 2016, Ant Financial Services Group, an online and mobile financial services … [Read more...] about CFIUS Filing Clearance: Ant Financial and EyeVerify
In response to economic conditions, Morrison & Foerster has announced that it is is laying off more than 200 people.The firm confirmed today that the layoffs include 53 attorneys and 148 staff members, reports Above the Law. According to the law firm’s website, MoFo has … [Read more...] about Morrison & Foerster Lays Off 53 Lawyers and 148 Staff Members