Euronet Worldwide acquires HiFX

Euronet Worldwide acquired HiFX for £145 million (~$242 million), a transaction announced in May 2014.

Acquired the UK-based online-initiated international payments and foreign-exchange provider, adding account-to-account cross-border payment services for high-income individuals and SMEs to the Ria money transfer business.

Acquired the UK-based online-initiated international payments and foreign-exchange provider, adding account-to-account cross-border payment services for high-income individuals and SMEs to the Ria money transfer business.

entered into an agreement to acquire U.K.-based HiFX ... for £145 million or approximately $242 million. Twenty-five percent of the purchase price will be paid in shares of Euronet stock and the balance in cash.

Advisory firms were not disclosed for this transaction.

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