REG - Sage Group PLC - Acquisition <Origin Href="QuoteRef">SGE.L</Origin>

SageAnnouncement

03/03/2017 07:55

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
   
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This information is provided by RNS
The company news service from the London Stock Exchange
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