Optimal Payments Buys Skrill for €1.1 Billion
Key Takeaways
  • The two biggest names in online gambling payment processing are to merge as Optimal Payments proposes to buy Skrill for over a billion dollars.
  • Optimal is justifying its investment on several grounds, claiming that the combined business will “have significantly enhanced scale to create market leadership in the stored value and payments processing sectors.”
  • The merged company plans to move from the Alternative Investment Market (AIM) and seek a listing on the main London Stock Exchange. Once the process is completed it will be one of the 250 largest companies listed in the UK.

The two biggest names in online gambling payment processing are to merge as Optimal Payments proposes to buy Skrill for over a billion dollars.