Western Union CO (WU) · Nov 3, 2026 · Acquisition
HSR clearance — HSR waiting period expired; California approval remains suspended
Western Union’s acquisition of Intermex clears the HSR waiting period, advancing the deal but leaving California regulatory approval unresolved.
Western Union is using acquisitions to strengthen its retail money-transfer footprint while building a more digital, broader consumer-financial-services business; Intermex was announced as a roughly $500 million deal intended to expand U.S. retail coverage and digital customer acquisition.
One federal hurdle is now gone. The HSR antitrust waiting period expired at 11:59 p.m. Eastern Time on November 2, 2026, removing a required closing condition. 〔0〕
This advances the deal, but does not materially de-risk completion yet. The filing explicitly says the merger still depends on reinstatement of the suspended California Department of Financial Protection and Innovation approval, plus the other closing conditions. 〔1〕 The transaction had originally been expected to close in mid-2026, so the federal clearance is progress after delay, not a surprise that changes Western Union’s overall strategy.
Bottom line: This is a modest step forward for Western Union’s Intermex acquisition, but the business impact remains limited until California approval is restored and the transaction actually closes.} <lemma?>
Reinstatement of California DFPI approval
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