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THE WESTERN UNION COMPANY

(WU)
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Western Union : Business Solutions Supports Latino Business Action Network

09/20/2021 | 08:03am EDT

The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, today announced sponsorship support of the Latino Business Action Network by its Western Union Business Solutions unit.

The Latino Business Action Network (LBAN) is a 501(c)(3) nonprofit organization with the purpose to strengthen the United States by improving the lives of Latinos. LBAN empowers Latino entrepreneurs to grow their businesses through research, education and national ecosystem development. LBAN collaborates with Stanford University to champion the Stanford Latino Entrepreneurship Initiative (SLEI).

The partnership reflects Western Union Business Solutions’ advocacy towards diversity in business and an investment towards initiatives that further this goal in the small business sector. This partnership is launched with the objective of contributing to the valuable mission set forth by LBAN. It is also an extension of a company-wide commitment to a fully inclusive work culture that reflects global communities.

“We strive to unleash the economic earning potential of Latino entrepreneurs by understanding and addressing structural impediments to scaling their businesses and by identifying and analyzing the opportunities and national economic implications represented by Latino business development,” said Jennifer Garcia, COO of LBAN. “We are excited to have the support of Western Union Business Solutions in this endeavor.”

“Western Union Business Solutions envisions a culture of global unity and boundless connection, contributing to a world where diversity is celebrated in all its forms,” said David Renta, Hedging Director at Western Union Business Solutions. “I am proud that Western Union Business Solutions has joined with the Latino Business Action Network to support its mission and support Latino businesses in the United States.”

For organizations seeking a partner to optimize cross-border payments, Western Union Business Solutions equips you with the solutions you need to send, receive, and manage international payments. Our extensive global network, spanning 200 countries/territories and 130 currencies combined with our knowledge of local markets enable you to manage international payments simply, effectively, and efficiently.

About Western Union

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and over 130 currencies. We connect businesses, financial institutions, governments, and consumers through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and over half a million retail locations. Western Union connects the world to bring boundless possibilities within reach. For more information, visit www.westernunion.com.


© Business Wire 2021
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Financials (USD)
Sales 2021 5 158 M - -
Net income 2021 778 M - -
Net Debt 2021 1 760 M - -
P/E ratio 2021 11,2x
Yield 2021 4,22%
Capitalization 8 651 M 8 651 M -
EV / Sales 2021 2,02x
EV / Sales 2022 1,90x
Nbr of Employees 11 000
Free-Float 99,5%
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Mean consensus HOLD
Number of Analysts 20
Last Close Price 21,29 $
Average target price 25,82 $
Spread / Average Target 21,3%
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Managers and Directors
Hikmet Ersek President, Chief Executive Officer& Director
Rajesh K. Agrawal Chief Financial Officer
Jeffrey A. Joerres Non-Executive Chairman
Tyler Hand Chief Compliance Officer
Betsy DeHaas Holden Independent Non-Executive Director
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