Sage Group PLC Acquisition (4420Y)
03 March 2017 - 6:55PM
UK Regulatory
TIDMSGE
RNS Number : 4420Y
Sage Group PLC
03 March 2017
3 March 2017
The Sage Group plc
Fairsail Limited acquisition
Further to the announcement made on 5 May 2016, the Sage Group
plc ("Sage") today announces the agreement to acquire Fairsail
Limited (Fairsail), a global cloud HCM and People management system
for mid-sized businesses.
Currently a minority shareholder, the acquisition will see Sage
take full ownership of Fairsail, building on the success of a
shared product, Sage People, launched last year. The acquisition is
expected to complete within the next 30 days.
For further information please see: www.sage.com
Enquiries:
The Sage Group plc
+44 (0) 191 294 3457
Lauren Wholley, Investor Relations
Amy Lawson, Corporate PR
Rebecca Potgieter, Corporate PR
Derk Bleeker, Corporate Development
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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