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Acquisition

4th Apr 2006 08:00

4 April 2006Offer by Sage for VismaFurther to its initial announcement of 22 March 2006, and following thecompletion of due diligence, The Sage Group plc ("Sage") today made a formaloffer to acquire Visma ASA ("Visma"), based in Oslo, Norway and listed on theOslo Stock Exchange.Sage's offer for each Visma share is NOK125 in cash. The offer is recommendedby Visma's Board of Directors.In line with Norwegian regulations, a similar announcement has been made todayto the Oslo Stock Exchange.An offer document outlining the terms of the offer has been sent to Vismashareholders and is available on www.sage.com/investors/visma.pdf.EnquiriesThe Sage Group plc +44 (0) 191 294 3068Paul Walker, Chief ExecutivePaul Harrison, Finance DirectorPhil Branston, Investor RelationsTulchan +44 (0) 20 7353 4200Kirstie HamiltonJulie FosterENDSAGE GROUP PLC

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Sage Group
FTSE 100 Latest
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Change18.84