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Optimal Payments agrees €1.1bn deal to acquire Skrill

23rd March 2015 9:23 am GMT

Payments provider Optimal Payments has entered into an agreement to acquire leading digital payment processor Skrill Group for approximately €1.1bn.

Optimal Payments described the acquisition as transformational and value-enhancing for the company. It would create a leading payment and digital wallet provider with “significant international scale and reach that is well positioned to capitalise on the substantial and growing payment processing and digital wallet markets, particularly within the rapidly expanding online gambling sector," the company said.

Optimal will [...]

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