In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments and commercial services. One of the common kinds of money transfer is a transfer via the international system of Western Union. 1970 - a new service called The Western Union Company is a financial services and communications company based in the United States.