Western Union takes $277 million dividend from Irish unit
transfer firm Western Union has taken a $277million (€198 million) dividend from an Irish-based unit that employs just 42 people.
Money transfer firm Western Union has taken a $277million (€198 million) dividend from an Irish-based unit that employs just 42 people.
Western Union International is a major part of Western Union’s operations, with profits of $142 million in 2007 as income rose 22 per cent to $2.2 billion.
The Dublin-incorporated company had accumulated profits of $598.7 million before paying the dividend to a company called MT International (Holdings) in Bermuda. After the dividend, Western Union International, which has...
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