Neteller (Optimal Payments) will buy Skrill

/Neteller (Optimal Payments) will buy Skrill

Online payment provider Optimal Payments(Neteller) has revealed that it is edging closer to completing its previously agreed acquisition of rival firm Skrill. Optimal announced in March it had agreed a deal to acquire Skrill from Sentinel Group Holdings in exchange for €720 million ($789.7 million) and 37,493,053 new ordinary shares.

At the time of the announcement, Optimal confirmed the reverse takeover deal was subject to a number of conditions such as Optimal shareholder approval and the Sentinel Group obtaining necessary approvals from relevant US regulatory authorities to grant the Skrill USA operation US money transmission licences.

Optimal shareholder approval was announced in April, Skrill USA has been granted relevant US money transmission licences, while the Delaware regulatory body has issued a satisfactory response in respect of the deal. In regards to the change of controller approvals from the FCA, the organisation has confirmed that, unless it opts to exercise its statutory right to interrupt the consideration period, a decision on the application will be made no later than the end of July.

 

Terms and Conditions apply. This offer is only for new customers who are at least 18 years old. If you need some help with yor gambling pattern and if you feel that something goes wrong, please visit begambleaware.com

About the Author

Daniel Berger

Hi Guys, I am Daniel the chief content manager of YourPokerDream. I have been working in the poker industry for almost 10 years now. I do my best to keep you all up to date regarding our partner sites all promotions and about general poker topics arround the world.

Latest changes

The last changes of the page "Neteller (Optimal Payments) will buy Skrill" was made by Daniel Berger on March 28, 2019

By |2019-03-28T22:58:18+02:00June 4th, 2015|