GVC in Talks to Sell Parts of Kalixa Payment Processing Business
Key Takeaways
  • GVC CEO Kenny Alexander said that he will probably sell small parts of Kalixa payment processing division following completion of the deal to buy the company.
  • Kalixa used to be bwin.party’s internal payments department, but its usefulness turned it into a separate profit making business line, offering payment services to other retailers.
  • Alexander said that he would probably be looking for new merger and acquisition opportunities in early 2017.

GVC CEO Kenny Alexander said that he will probably sell small parts of the Kalixa payment processing division following completion of the deal to buy bwin.party.