12th Oct 2007 09:45
Experian Group Limited12 October 2007 Experian Group Limited Acquisition of further stake in Serasa Experian, the global information services company, is pleased to announce it hascompleted the acquisition of a further 5% stake in Serasa, the market leadingcredit bureau in Brazil. In accordance with the original announcement, thistakes Experian's total holding in Serasa to 70%. The consideration for theadditional stake was R$138m ($72m), inclusive of transaction costs, and will befunded from existing facilities. The majority of the additional stake has beenacquired from small shareholders not involved in the original transaction. Experian announced the acquisition of an initial 65% stake in Serasa on 26 June2007. Enquiries Experian Paul Brooks Chief Financial Officer +44(0)20 3042 4215Nadia Ridout-Jamieson Director of Investor Relations Finsbury Rollo Head +44(0)20 7251 3801Nick Woodruff This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Experian