Brink’s announces investment in moneygram

Richmond, va., feb. 06, 2020 (globe newswire) -- the brink’s company (nyse: bco), the global leader in total cash management, today announced that it has invested $9 million in moneygram international, inc. (nasdaq: mgi), one of the world’s largest money transfer companies. this equity investment lays the foundation for the companies to develop a long-term strategic partnership to pursue mutually beneficial near and long-term commercial opportunities. the company has no intention to acquire a controlling interest in moneygram.
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