Western Union Company (the) · NYSE:WU
Western Union Company (the) — Merger or Acquisition (July 2011)
13 slides from Western Union Company (the)'s merger presentation, Jul 5, 2011
Slide 1: Western Union Acquisition of Travelex Global Business Payments
Exhibit 99.1 Western Union Acquisition of Travelex Global Business Payments July 5, 2011 1
Slide 2: Safe Harbor
Safe Harbor This presentation contains certain statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to pred
Slide 3: Western Union strategic growth areas
Western Union strategic growth areas Moving Money for Shareholder Value Consumer Stored Money Transfer Value Business Payments 3
Slide 4: Western Union strategic growth areas
Western Union strategic growth areas • Approximately $400 billion principal cross-border remittance market (Aite Group) Consumer • Underserved consumers, migrants Money • Western Union (WU) brand, agent network, regulatory and compliance expertise, range of send and delivery options, consumer relati
Slide 5: Western Union growth strategies
Western Union growth strategies • Agent location expansion Consumer • Strategic marketing Money • New consumer opportunities through electronic channels: Transfer westernunion.com, account based money transfer (on-line banking), mobile Continued share gains in long-term growth market • Leverage bran
Slide 6: Globalization is driving rapid growth in cross-border trade
Globalization is driving rapid growth in cross-border trade Global Trade (total merchandise and service exports) $ Trillions 2011-2015 35 CAGR +9% 30 2009-2010 25 +19% 2000-2009 20 CAGR +8% 15 2008-2009 -21% 10 5 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Sourc
Slide 7: The market is significant and market dynamics present opportunities
The market is significant and market dynamics present opportunities Global SME cross-border payments revenue estimated at $24 billion and growing - Similar size as consumer cross-border remittance market Industry is fragmented - Largely served by local banks Customers are underserved - Service, spee
Slide 8: Overview of Travelex Global Business Payments
Overview of Travelex Global Business Payments • A leading provider of international business-to-business payments - Over 35,000 customers across 14 countries - Headquartered in London - Differentiated from traditional bank business-to-business payments due to strong value proposition: global reach,
Slide 9: Financial Highlights – TGBP Acquisition
Financial Highlights –TGBP Acquisition Acquisition Price The Global Business Payments division will be acquired from Travelex Holdings Limited for £606 million in cash, primarily international cash. Closing The transaction is expected to close in late 2011, subject to regulatory approvals and closin
Slide 10: The acquisition provides immediate scale and expanded reach
The acquisition provides immediate scale and expanded reach United Kingdom Italy Germany Canada France United Czech Republic States Switzerland Poland Malta Japan Hong Kong Singapore UAE* Australia New Zealand Philippines* Peru* WUBS & TGBP Combined South Africa TGBP and WUBS combined will have imme
Slide 11: TGBP-WUBS combination creates a strong B2B foundation
TGBP-WUBS combination creates a strong B2B foundation • A leading specialist provider of international business payments - Proven leadership and talent - Combined sales force of 450 people - Presence in 16 countries • Strong product and functionality capabilities • Extensive banking relationships an
Slide 12: The combined company accelerates the business growth strategy
The combined company accelerates the business growth strategy • Geographic expansion - Combine WU licenses, brand strength, with TGBP capabilities to enter new markets - Utilize WU agent network in certain countries • Product expansion to existing customers - Combined business offers more capabiliti
Slide 13: WUBS-TGBP GBP Leadership
WUBS-TGBP GBP Leadership Raj Agrawal General Manager, Western Union Business Solutions Raj Agrawal is General Manager for Western Union Business Solutions (WUBS), a trusted global leader in foreign exchange and international business payments with clients operating in markets around the world. Agraw