03:38 AM EDT, 08/11/2025 (MT Newswires) -- Western Union ( WU ) has agreed to acquire International Money Express ( IMXI ) , or Intermex, in an all-cash deal worth about $500 million, the companies said Sunday.

The consideration for the deal is $16 per Intermex share, the companies said.

The transaction is expected to close in mid-2026, subject to shareholder and regulatory approvals.

Western Union ( WU ) anticipates the deal to be immediately accretive to adjusted earnings per share by more than $0.10 in the first year after closing and to generate about $30 million in annual cost synergies within the first 24 months.