Accounting software group Sage has become the centre of takeover speculation.
According to reports, US software rival
Intuit is the most obvious buyer for the
Newcastle-based company, while there is also the possibility of a private equity
group showing interest given Sage’s strong cash flow and its visibility of
The company has also performed well on the
FTSE 100, going against the
tide which has seen the index fall.
Yesterday Sage shares rose again while the FTSE 100 lost ground.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016