GVC Holdings has completed the sale of its payment processing subsidiary Kalixa Group for a €29m cash consideration.
The payment processing business has been acquired by Senjō Group, a Singapore-based financial technology investor and operator with offices in the UK, USA, Europe, North Africa and Asia.
The final consideration remains subject to a completion accounts adjustment, which has been capped at €35.5m, per the original purchase agreement.
Kalixa said that the deal will significantly strengthen its business and [...]
