Western Union completes purchase of Custom House
ENGLEWOOD, Colo. - Western Union Co. said Tuesday it completed the acquisition of business-to-business payments provider Custom House Ltd. for $370 million in cash.
Custom House, based in British Columbia, focuses on cross-border payments for small to mid-sized companies. In a statement, Western Union said the deal will "introduce Western Union to a new market, significantly expanding its service offerings and customer base."
