The companies, products and regulatory developments shaping the broker industry.
Western Union says it terminated its Intermex purchase after California imposed unacceptable conditions; Intermex contests the purported termination, leaving the agreement disputed.
The completed acquisition adds an independent securities-lending network to Capitolis; its separate $220 million financing must not be mistaken for the acquisition price.
The proposed combination would expand Ares Capital’s listed direct-lending portfolio and give MidCap investors a mix of cash, stock and a special-dividend adjustment, subject to approvals and a projected 2027 close.