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Sage completes sale of Swiss business to Infoniqa for GBP39 million

30th Nov 2021 17:36

(Alliance News) - Sage Group PLC announced on Tuesday that it has completed the sale of its Swiss business to Infoniqa.

Back in April the Newcastle-based software company announced the sale to Infoniqa, the Germany-based HR software solutions provider, for an initial consideration of GBP39.0 million in cash.

Shares in Sage closed down 0.7% at 771.80 pence on Tuesday in London.

By Heather Rydings; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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