Sage completes sale of Swiss business to Infoniqa for GBP39 million

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

Alliance News 30 November, 2021 | 5:36PM
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(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; heatherrydings@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Sage Group (The) PLC 713.00 GBX -6.48

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