China's Ant Financial raises offer for MoneyGram to $1.2 billion

SINGAPORE (Reuters) - China's Ant Financial has raised its offer for electronic payment firm MoneyGram International Inc and the deal was unanimously approved by the U.S. firm's board, outbidding rival Euronet Worldwide Inc .

from Reuters: Top News http://uk.reuters.com/article/uk-moneygram-intl-m-a-ant-financial-idUKKBN17J02N?feedType=RSS&feedName=topNews