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 [...]
