Sale nets e-Gaming giant £24.5 million
Athol Street e-Gaming giant GVC Holdings has confirmed it's to sell its payments processing arm.
Kalixa Group, which has offices in the UK and Austria, will be acquired by Singapore-based investors Senjo for €29 million (£24.5m).
The deal is expected to be completed in early 2017 - after which GVC says it intends to remain Kalixa clients.
GVC earlier this year acquired bwin.party Digital Entertainment, in a sale worth £1.2 billion.
The company recently said it expects to pull in a daily revenue increase of 12% on last year.