Western Union has ended its $500 million deal to acquire International Money Express (Intermex) following a deadlock with California regulators. The California Department of Financial Protection and Innovation approved the deal conditionally, requiring changes to prevent fraud and ensure fair financial access. Western Union said these conditions would significantly alter its business model and were not in its or its shareholders' best interests. The deal, initially aimed at expanding Western Union's U.S. retail presence and digital growth, also faced opposition from New York regulators but had received their approval earlier. With the November 10 deadline passed, Western Union chose to terminate the agreement rather than accept the regulatory terms.
Western Union shares rose 2.09% to USD 7.08 on Pluang as of Nov 11, 2026 19:01 WIB. The stock trades near its 52-week low of USD 5.90 but well below its high of USD 10.28. Despite the deal cancellation, Pluang investors show strong buying interest with 100% buy orders and a dividend yield of 13.54%.
