Thomas H. Lee Partners, Goldman Sachs invest in MoneyGram recapitalisation

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An investment group led by growth buy-out firm Thomas H. Lee Partners and investment banking firm Goldman, Sachs & Co. has agreed to invest at least $710m in a recapitalisation of payment services company MoneyGram International.

An investment group led by growth buy-out firm Thomas H. Lee Partners and investment banking firm Goldman, Sachs & Co. has agreed to invest at least $710m in a recapitalisation of payment services company MoneyGram International.