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UK's Sage Group considers sale of its payment processing unit

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(Reuters) – British software company Sage Group Plc <SGE.L> said on Monday it is evaluating a possible sale of Sage Pay, the company’s payment processing unit.

The company said it is looking into potential options for its payments arm, adding there was no certainty that a deal would be reached.

The company’s statement was in response to a Sky News report, which first reported the possible sale.

(Reporting by Aakriti Bhalla in Bengaluru, editing by Deepa Babington)

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