Deals
Sage Group to Review Future of its Global Payments Business
- U.K. software group already hired adviser for U.S. business
- No guarantee of sale said CFO, also considering partnerships
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U.K. software company Sage Group Plc is opening a review of its global payments business, while also considering a sale of its U.S. payments arm.
Sage confirmed it has been evaluating options for its U.S. division, Sage Payment Solutions, which helps merchants process and manage card and mobile payments, in a trading statement Thursday.