Dollar Financial Corp., a payday lender, said Monday it acquired five stores in the London market.
Dollar Financial now operates a network of 250 Money Shop stores in the United Kingdom. About 25 percent of Dollar Financial's 2008 revenue is generated through its U.K. business.
The new stores will offer a full range of financial services, including check cashing, payday loans, installment loans, foreign exchange, pawnbroking and money transfer services.
Terms of the deal were not disclosed.
Shares of the company fell 8 cents to $11.23 in morning trading.
Source:http://www.forbes.com/