Western Union Is Said to Be Nearing $1 Billion Purchase of Travelex Unit

http://www.bloomberg.com/news/2011-07-01/western-union-is-said-to-be-nearing-1-billion-purchase-of-travelex-unit.html

Western Union Co. (WU), the world’s largest money-transfer firm, is in talks to buy a division of Apax Partners LLP’s Travelex foreign-exchange business for about $1 billion, according to people with knowledge of the matter.