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China's Ant set to ink $3.5 billion loan to help fund MoneyGram bid - Basis Point

HONG KONG (Reuters) - China's Ant Financial, an affiliate of online shopping giant Alibaba Group , is close to signing a $3.5 billion loan a part of which will help fund its purchase of U.S. money transfer company MoneyGram International , Thomson Reuters Basis Point reported.

China's Ant set to ink $3.5 billion loan to help fund MoneyGram bid - Basis Point
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