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Optimal nears completion of Skrill deal after US approval

1st June 2015 8:13 am GMT

London-listed payment processor Optimal Payments has moved closer to finalising its €1.1bn acquisition of rival Skrill with a number of key conditions for the completion of the deal having now been satisfied.

The company said that "good progress" was being made after it secured approval from the relevant authorities to take over Skrill’s US business, while the transfer of shares to be issued as part of the purchase price has been approved by the Delaware regulator, where the company has been granted [...]

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