Experian acquires majority stake in Computec

RNS Number : 7236R

Experian plc

09 November 2011

 



Experian acquires majority stake in Computec

9 November 2011 - Further to the announcement on 3 May 2011, Experian, the global information services company, is pleased to announce that it has completed the acquisition of a 98% holding in Computec S.A. for the equivalent of US$380m. Computec is a leading Latin American credit services information provider based in Colombia.

The acquisition of Computec further strengthens Experian's Latin American presence, building on the leading market position Experian has established in Brazil. Computec is a unique asset, with the market leading credit bureau in Colombia.

Don Robert, Chief Executive Officer, Experian, said:

 "This acquisition is another important step in our strategy to develop Experian's presence in fast growing emerging consumer economies. The combination of our global expertise and Computec's market leadership means that we are well placed to accelerate our growth in Colombia."

Contact

Experian

Nadia Ridout-Jamieson          Director of Investor Relations                       [phone]

James Russell                       Communications Director, UK and EMEA

Finsbury

Rollo Head                                                                                                    [phone]

Don Hunter

About Experian

Experian is the leading global information services company, providing data and analytical tools to clients in more than 80 countries. The Group helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2011 was US$4.2 billion. Experian employs approximately 15,000 people in 41 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil. 

For more information, visit http://www.experianplc.com.

 

END

 

 

ACQBLBDBLGGBGBI