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Senjō Group to purchase UK payments firm Kalixa

20th December 2016 Church News.

Senjō Group, a Singapore-based investment firm, has announced the acquisition of UK payment services outfit, Kalixa, for a ‘total consideration’ of €29 million. The total consideration receivable by GVC Holdings, the sports betting group who currently own Kalixa, is capped at €35.5 million. Completion of the transaction is subject to a number of domestic and international regulatory approvals and is expected to occur during the first quarter of 2017.