Headrick Rizik Álvarez & Fernández advised on the deal
The Western Union Company (NYSE: WU), a global leader in money transfer services, and Grupo Vimenca, a privately held group of financial services companies in the Dominican Republic, have renewed their relationship.
Grupo Vimenca, a family-owned company that began as a small business with one employee, today offers consumers global money transfer services through Western Union, in addition to banking, mortgage, business-to-business call center services, travel and mobile offerings.
Western Union entered the Dominican Republic in 1989 with Remesas Vimenca, a wholly owned subsidiary of Grupo Vimenca which now boasts a strong network of more than 205 locations throughout the country.
Headrick Rizik Álvarez & Fernández advised Vimenca with Mary Fernández (Picture) and Jaime Senior.
Law Firms: Headrick Rizik Alvarez & Fernández;
Clients: Grupo Financiero Vimenca SA;