2nd Apr 2025 09:57
Experian PLC - Dublin-based consumer credit checker - Says acquisition of ClearSale SA has been completed after satisfying all conditions. ClearSale is a Brazil-based digital fraud prevention provider. In October, Experian said the closing cost of the transaction was BRL1.91 billion, or around USD350 million at the time, to be funded from its existing cash resources and by the issuance of Brazilian depositary receipts. ClearSale will combine with the company's Brazilian arm, Serasa Experian. It expects the acquisition to add revenue of around BRL490 million, or approximately USD86.1 million, for its first full-year of ownership, as well as benchmark earnings before interest, taxation, depreciation and amortisation of around BRL130 million, about USD22.9 million.
Current stock price: 3,577.00 pence, down 0.6% in London on Wednesday morning
12-month change: up 5.4%
By Michael Hennessey, Alliance News reporter
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