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Ant Group's $200M Acquisition of MultiSafepay
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Ant Group is on the verge of acquiring MultiSafepay for approximately $200 million, marking its entry into Western payment markets. The acquisition aims to strengthen Ant Group's cross-border payment services through Alipay+.
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How does the regulatory approval process for such acquisitions typically work and what factors are considered?
How might Ant Group's acquisition of MultiSafepay impact the competitive landscape of Western payment markets?
What potential benefits could Ant Group's enhanced cross-border payment services bring to businesses and consumers?
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