May 3, 2017Blog Posts

Sage to Sell U.S. Payments Unit, Flags Brexit Risk to Hiring

Bloomberg:

U.K. software company Sage Group Plc has concluded a review of its global payments business and has put its U.S. arm up for sale.Sage confirmed that U.S. division Sage Payment Solutions, which helps merchants process and manage card and mobile payments, is now classified as an asset held for sale and a discontinued operation, in a trading statement Wednesday.

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