Committee On Foreign Investment news and trends

Panic Arises As Chinese Company Plans To Acquire U.S. MoneyGram

April 03, 2017
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Panic Arises As Chinese Company Plans To Acquire U.S. MoneyGram

April 03, 2017
Foreign interference with U.S. organizations or the government is always a concern. Following the 2016 presidential election, this concern has likely only increased its level. As such, when Ant Financial, which is owned in part by the Chinese government, announced its plans in January to acquire U.S.-based money-transfer company MoneyGram for $880 million, significant worries arose. […]