Thursday, January 26, 2017

Alibaba affiliate Ant Financial nears deal to buy MoneyGram-WSJ

Jan 26 (Reuters) - Ant Financial Services Group, an

affiliate of Chinese e-commerce firm Alibaba Group Holding Ltd

, is nearing a deal to buy U.S. money-transfer company

MoneyGram International Inc, the Wall Street Journal

reported on Thursday, citing people familiar with the matter.

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