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Thursday, 14 February 2019
Alibaba’s Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700M
Ant Financial, the financial services behemoth affiliated with Chinese e-commerce giant Alibaba, has made its first big move into Europe. It’s acquired London-headquartered payments company WorldFirst in a deal that sources tell us is valued at around $700 million. (That price would also line up with multiple reports from December claiming the two were in […] http://bit.ly/2BzrCWc Jon Russell February 14, 2019 at 06:00AM
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