Deals Rumor Mill: UAE Exchange, Naspers, Julius Baer

Law360, New York (May 18, 2017, 4:48 PM EDT) -- UAE Exchange Group, a United Arab Emirates-based company focused on remittance, foreign exchange and bill payment solutions, intends to spend up to $300 million on acquisitions through 2020, according to a report from Gulf News on Thursday. According to the report, which cited an interview with UAE Exchange’s top executive, the company is looking into both bolt-on acquisition opportunities and strategic investments in the remittances and payments space, with an emphasis on financial technology and digital. The company hopes to complete two or three deals this...
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