Sage Pay: Why selling Sage Pay is good for Sage

Sage has announced it is to sell its Sage Pay business to Elavon, for around £232 million. This will result in a net profit from the sale of about £180 million once the sale completes. Completion is expected to happen in Q2 FY20 once regulatory approval is granted from bodies including Board of Governors of the [...]The post Why selling Sage Pay is good for Sage appeared first on Enterprise Times.