MoneyGram International and Bank of China announce agreement
MoneyGram International, a leading global money transfer company, and Bank of China, a pillar of China's banking community and Global Fortune 500 company, announced today an agreement that will bring MoneyGram money transfer services to Bank of China's 10,000 domestic branches in the mainland in the coming years.
MoneyGram International, Inc. today announced that it has agreed to amend its agreement with an investment group led by Thomas H. Lee Partners, LP, and Goldman, Sachs & Co., concerning a comprehensive recapitalization of the Company.