Last checked at 28 Mar 2013 12:56
news release
Divestment of Experian Data Services S.r.l
28 March 2013- Experian, the global information services company, announces that it has agreed to divest Experian Data Services S.r.l (EDS), its business credit information business in Italy, to Cerved Group S.p.A. (Cerved).
The divestment of EDS follows a strategic review of the business and its position within Experian's portfolio. Experian will continue to focus on developing its consumer credit information activities in Italy, where its joint venture with Cerved, Experian-Cerved Information Services S.p.A., has been well-received in the market place, as well as building its Decision Analytics activities in the country.
Revenues for EDS in the year ended 31 March 2012 were US$17m.
Contact
Experian
Nadia Ridout-Jamieson Director of Investor Relations +44 (0)20 3042 4215
James Russell Director of Corporate Communications
RLM Finsbury
Rollo Head +44 (0)20 7251 3801
Don Hunter
About Experian
Experian is the leading global information services company, providing data and analytical tools to clients around the world. 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 2012 was US$4.5 billion. Experian employs approximately 17,000 people in 44 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.