Western Union calls off its $500 million Intermex takeover after what it describes as California regulatory demands. Intermex rejects the termination notice and says it wants the transaction to close, while also reserving the right to seek specific performance and damages.
Other reporting places emphasis on the regulatory backdrop and the status of approvals. One outlet reports that the Intermex purchase receives conditional approval from California, while another frames the story more directly around Western Union terminating the acquisition agreement, without adding additional regulatory detail in the provided summary. Across sources, the core dispute remains the same: whether the deal can proceed and under what regulatory conditions, with Intermex disputing Western Union’s decision to walk away.
