Summary：Western Union to Acquire Intermex in Major International Money Transfer DealDENVER and MIAMI, June 2

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Western Union to Acquire Intermex in Major International Money Transfer Deal

DENVER and MIAMI, June 24, 2026 – In a significant move that is set to reshape the international money transfer landscape, The Western Union Company (NYSE: WU) and International Money Express, Inc. (NASDAQ: IMXI) announced today that they are one step closer to finalizing a major acquisition deal. The proposed transaction, which has been making its way through the regulatory approval process, is expected to have far-reaching implications for the global remittance industry.

Key Developments
The latest update from Western Union and Intermex indicates that the companies are on track to complete the acquisition by the end of the third quarter of 2026. The deal, which was first announced earlier this year, is valued at approximately $1.4 billion. Once completed, the acquisition will significantly expand Western Union's presence in the Latin American market, where Intermex has a strong foothold. The combined entity is expected to have a robust network of over 500,000 agent locations worldwide, making it one of the largest players in the international money transfer space.

Industry Analysis
The international money transfer market has been experiencing significant growth in recent years, driven by increasing migration and globalization. The acquisition of Intermex by Western Union is a strategic move to capitalize on this trend. By combining their networks and expertise, the two companies are well-positioned to offer a more comprehensive and competitive service to their customers. The deal is also expected to drive innovation in the industry, with the potential for new products and services that leverage the strengths of both companies.

Future Outlook
The completion of the acquisition is expected to have a positive impact on Western Union's financial performance, with the company anticipating significant cost savings and revenue synergies. The deal is also expected to enhance Intermex's ability to compete in the global market, with access to Western Union's extensive resources and expertise. As the international money transfer market continues to evolve, the combined entity is well-positioned to stay ahead of the curve and capitalize on emerging trends.

In conclusion, the proposed acquisition of Intermex by Western Union is a significant development in the international money transfer industry. With its expanded network and enhanced capabilities, the combined entity is expected to be a major player in the global remittance market. As the deal nears completion, stakeholders are eagerly awaiting the potential benefits that this transaction is expected to bring.