Western Union Acquires Intermex for $500 Million

In a strategic move to enhance its retail and digital footprint in the Americas, Western Union Co. has announced the acquisition of International Money Express (Intermex) for approximately $500 million. The deal, valued at $16 per share, represents a roughly 50% premium over Intermex’s 90-day volume-weighted average price, as reported by multiple financial news sources on August 11, 2025.

Key Details of the Acquisition:

• Transaction Value: $500 million in an all-cash deal.
• Share Price: $16 per share, reflecting a significant premium.
• Strategic Benefits: The acquisition is expected to strengthen Western Union’s presence in North America and expand Intermex’s operations beyond its high-growth corridors in Latin America. It also aims to accelerate digital customer acquisition.

Market Reaction:

Following the announcement, Intermex’s stock surged by 54%, while Western Union’s shares gained over 1% in the premarket trading session. This positive market response underscores investor confidence in the strategic benefits of the acquisition.

Western Union Overview:

Western Union, headquartered in Denver, Colorado, is a leading provider of global money movement and payment services. The company specializes in cross-border and cross-currency transactions, catering to small and medium-sized enterprises, organizations, and individuals. Listed on the New York Stock Exchange, Western Union’s recent close price was $8.04 as of August 7, 2025, with a market capitalization of $2.6 billion. The company’s price-to-earnings ratio stands at 3.086.

Conclusion:

This acquisition marks a significant step for Western Union in expanding its capabilities and market reach, particularly in the Americas. By integrating Intermex’s operations, Western Union aims to enhance its service offerings and digital presence, positioning itself for future growth in the competitive financial services sector.