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Ant Financial stresses commitment to closing MoneyGram deal in letter

Alibaba Group Holding Ltd. affiliate Ant Financial Services Group in a letter to MoneyGram International Inc. employees, agents, customers and partners said its commitment to closing their pending merger is "unwavering."

The letter also stated that MoneyGram's U.S. users will stay on the "same ironclad U.S.-based servers" where they reside. Ant Financial said it plans to invest more in MoneyGram's global compliance and anti-money laundering programs as well.

Ant Financial also pointed to its acquisition of Kansas City, Mo.-based EyeVerify as a proxy for the MoneyGram deal.

"As we make progress toward closing, our commitment to completing this agreed merger is unwavering," the Alibaba affiliate said.

MoneyGram is considering an unsolicited offer from Euronet Worldwide Inc., which sent a letter to Treasury Secretary Steven Mnuchin claiming that a merger between MoneyGram and Ant Financial poses national security risks, Reuters reported.

MoneyGram's shareholders will vote on the deal with Ant Financial in May.