Sky News Business has live camera links to Australia's major financial institutions. Can you tell us a bit more about this? The acquisition price for the grant of the Options is nil. The author has no business relationship with any company whose stock is mentioned in this article. In accordance with clause 47 d of the Company's Constitution and Listing Rule Bringing industry insight to our advice. Please review my full disclosure here.
Forex broker OzForex, regulated in Australia, has evaluated the non-binding proposal by US financial services provider Western Union Company to acquire % of the broker’s capital and has decided to proceed with its consideration, OzForex said on Thursday.
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# So make the smart move and save on your global money transfers with OFX. *Average savings based on published rates of ANZ, Westpac, NAB and CBA on a single transfer of AUD$10, to USD between and excluding weekends. OzForex’s share price started Monday at $ and had risen more than 4 per cent to $ on the news by mid afternoon. HiFX is a similar sized company, so any tie-up would in effect double OzForex’s size and make it one of the largest global online forex payment providers. Western Union Makes Takeover Approach to OzForex; Acqusition Western Union Makes Takeover Approach to OzForex. Australian broker is well placed for independent growth but will consider the offer, says board of directors. Irina Slav Tags: Acquisition / OzForex. Related News.