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MGI / Moneygram Finds $1.8B Suitor in Madison Dearborn

Moneygram is set to be acquired by Chicago-based private equity firm Madison Dearborn Partners for $1.8 billion, the money transfer service announced Tuesday (Feb. 15). News of the all-cash transaction comes just three weeks after reports that a trio of private equity outfits — Madison Dearborn among them — had lined up to purchase Moneygram. Read More

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Posted: Feb 15 2022, 10:57

Author Name: PYMNTS

MGI News

By PYMNTS
September 26, 2023

MoneyGram to Launch Non-Custodial Digital Wallet for Cross-Border Payments

MoneyGram plans to launch a non-custodial digital wallet that will offer new ways to send and receive cross-border payments. The wallet is set to deb

By PYMNTS
May 4, 2023

MoneyGram Receives Final Regulatory Approval for Previously Announced Sale

MoneyGram has received the final regulatory approval needed for its sale to Madison Dearborn Partners. Having received approval from the Reserve Bank

By PYMNTS
May 1, 2023

MoneyGram Pushes Back Expected Date of Planned Sale

MoneyGram has pushed back the expected date of its planned sale. The firm and the intended buyer, venture capital firm Madison Dearborn Partners (MDP)

By PYMNTS
April 26, 2023

Investors Reportedly Anxious as Deadline for MoneyGram Sale Nears

Investors are reportedly feeling uncertain about MoneyGram as a deadline nears for its planned sale. The company's stock dipped 2.

By Zacks Investment Research
April 13, 2023

Is MoneyGram International (MGI) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe

By Zacks Investment Research
April 12, 2023

Best Value Stocks to Buy for April 12th

MGI made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 12, 2023.

By Business Insider
March 13, 2023

MoneyGram taps budding fintech to grow its presence in Jamaica

MoneyGram is working with homegrown wallet Lynk so customers can receive remittances, which will aid its digital push.

By Zacks Investment Research
March 13, 2023

MoneyGram (MGI) Ties Up to Ease Remittance Receipts in Jamaica

MoneyGram (MGI) partners with the mobile wallet of Jamaica - Lynk, to enable consumers of the country to receive hassle-free remittances through their

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