Red Tiger
Red Tiger
CSB Group

Optimal Payments agrees Meritus and GMA acquisitions

1st July 2014 7:55 am GMT

London-listed online payment provider Optimal Payments is set to bolster its presence in the US ecommerce market with two acquisitions, a $210m deal to buy TK Global Partners LP, operating as Meritus Payment Solutions, and the $15m purchase of Global Merchant Advisors.

Optimal will pay $150m in cash to acquire all partnership interests in California-based Meritus, with a further $60m in shares to be issued in equal amounts over four years from the first anniversary of [...]

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Pragmatic Play
Every Matrix