STOCKS | Western Union Announces Termination of Intermex Acquisition Agreement

Western Union announced today that it had issued notice terminating its agreement to acquire International Money Express, Inc. (Intermex). According to Sina Finance, Western Union had worked closely with Intermex and relevant regulators since signing the merger agreement to secure the approvals needed to complete the transaction, but the parties did not obtain approvals they considered acceptable. On the evening of November 10, 2026, California’s Department of Financial Protection and Innovation (DFPI) issued final approval conditions that Western Union deemed unacceptable. The conditions would require major changes to Western Union’s business model, agent relationships, and execution of its long-term business strategy. Western Union said the conditions were significant and not in the best interests of the company, its agents, or its shareholders.