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Sage to sell Polish business to Mid Europa Partners funds for £66m
StockMarketWire.com
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Enterprise software company Sage said it had agreed to sell its Polish business to funds advised by Mid Europa Partners for around £66 million.
Sage had announced in November that it was holding the Polish business for sale.
It had generated revenue of £21 million and an operating profit of £4 million in the year through September.
The transaction, which was subject to antitrust approval, was expected to complete in early 2021, Sage said.
Story provided by StockMarketWire.com
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