m_and_a
confidence high
sentiment positive
materiality 0.85
Western Union to acquire Intermex (IMXI) for $16/share, ~$500M total value
Western Union CO
- All-cash transaction at $16.00 per IMXI share, representing ~$500M equity and enterprise value.
- Premium of roughly 50% to Intermex's 90-day volume-weighted average price.
- Expected to close mid-2026, subject to regulatory approvals and Intermex stockholder vote.
- Expected to be immediately accretive to WU adjusted EPS by >$0.10 in first full year post close.
- Anticipated $30M annual run-rate cost synergies within 24 months; Intermex serves 6M customers.
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