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BAE Explores Sale of NetReveal Fraud-Detection Arm

  • U.K. defense firm is working with Lazard on possible disposal
  • NetReveal software tracks financial crime, helps evaluate risk

U.K. defense giant BAE Systems Plc is exploring a sale of its NetReveal business, which provides technology to detect financial crime and fraud, according to people familiar with the matter.

The London-based company is working with Lazard Ltd. on the potential disposal, the people said, asking not to be identified because the information is private.