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09 Dec 2020 | 07:59

Sage sells Polish unit for £66m

(Sharecast News) - Software company Sage on Wednesday said it had agreed to sell its Polish business to funds advised by Mid Europa Partners for around £66m. The company had originally announced plans to sell the unit last month. It generated revenue of £21m and an operating profit of £4m in the year to September 30.

The deal is expected to complete in early 2021, Sage said.
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