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Travelex, the world’s leading global business payments specialist, announced that as of Thursday, September 6, 2007, the legal process to acquire Ruesch International is complete. The Ruesch companies are now part of Travelex.

Multinationals wake up to plummeting dollar (PDF, 466KB)

Date : July 23, 2007

With the greenback hitting lows not seen in a quarter-century, more firms recast their exposure. What’s hot: non-deliverables.

Travelex, the world’s largest non-bank provider of international payment services, announced today that it has agreed to acquire Ruesch International from Welsh, Carson, Anderson & Stowe for US$440 million.

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