(Reuters) – A U.S. government panel rejected Ant Financial’s acquisition of MoneyGram International Inc (MGI.O) over national security concerns, the companies said on Tuesday, the latest Chinese deal torpedoed under the administration of U.S. President
China’s Ant Financial Drops Plan to Merge With MoneyGramBloomberg
MoneyGram plunges after US denies a proposed merger with a bank controlled by AlibabaCNBC
Chinese company won’t take over MoneyGram due to US government oppositionCNNMoney
Financial Times
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Source: Business