INTL MONEY EXPR. DL-,0001 Aktie

International Money Express has gained about 49% over the past six months. The company announced a partnership between Intermex and Banco Industrial to launch a digital remittance service via the Zigi App, integrating Intermex’s Amigo Paisano to enable direct deposits to Guatemalan bank accounts using phone numbers. Management plans to fully digitize the remittance flow, expecting higher adoption and increased transaction volumes. Monness reiterated a Hold rating on January 5 with a $16 price target. » Mere på finance.yahoo.com

Shareholders of International Money Express voted at a virtual extraordinary general meeting to approve the merger agreement with Western Union that was signed in August. The approval passed with 21,231,094 votes in favor; IMXI is to become a 100% subsidiary of Western Union through the merger with Ivey Merger Sub. The closing of the transaction remains subject to regulatory approvals, the consent of other shareholders (including Intermex) and other customary conditions; completion is expected by mid-2026. IMXI has a market capitalization of USD 457.67 million and reported net income of USD 39.12 million over the last twelve months. » Mere på de.investing.com

Western Union has agreed to acquire International Money Express (Intermex) for about $500m ($16 per share), a deal expected to be immediately accretive and deliver over $30m of annual cost synergies while adding Intermex’s six million customers. The transaction, subject to regulatory approvals and targeted to close in mid-2026, complements Western Union’s US retail expansion and follows recent partnerships such as the firm’s work with Zūm Rails to speed cross-border transfers from Canada. » Mere på finance.yahoo.com