05:34 PM EDT, 10/07/2025 (MT Newswires) -- Western Union ( WU ) and International Money Express ( IMXI ) , or Intermex, reported late Tuesday the expiration of the waiting period related to Western Union's ( WU ) planned acquisition of the payment transfer company.
The expiration marks a key regulatory approval toward the completion of the deal.
Western Union ( WU ) had announced in August it would acquire the US-based firm for about $500 million in cash.
Under the Hart-Scott-Rodino Antitrust Improvements Act, the acquisition is expected to close in mid-2026, depending on additional regulatory approvals, nods from Intermex's stockholders, and the waiver of other customary closing conditions.
Shares of International Money Express ( IMXI ) rose around 5.6%, while Western Union ( WU ) marginally rose by 0.12% in recent after-market hours.