Western Union nearing $1 bln purchase of Travelex unit: report
Western Union Co
The deal to acquire Travelex's global business-payments unit may be announced as early as next week, the report said, citing people with knowledge of the matter.
Travelex is the world's largest non-bank provider of foreign-exchange services to corporations, according to its website.
Western Union declined to comment.
(Reporting by Brenton Cordeiro; Editing by Prem Udayabhanu)
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