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GVC sells payments business Kalixa Group for €29m

19th December 2016 9:19 am GMT

London-listed gaming operator GVC Holdings has agreed to sell its Kalixa payment processing business to Singapore-based Senjō Group for a total consideration of €29.0m.

Kalixa had been up for sale for a number of years under previous owner bwin.party, with GVC announcing in September that it was in the process of selling the business.

Senjō Group, a global payments operator and financial technology investor headquartered in Singapore, will acquire Kalixa for €29.0m payable [...]

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