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EXPN Experian Plc

3,454.00
-18.00 (-0.52%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Experian Plc LSE:EXPN London Ordinary Share GB00B19NLV48 ORD USD0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -18.00 -0.52% 3,454.00 3,462.00 3,464.00 3,484.00 3,427.00 3,470.00 1,867,323 16:35:28
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 6.62B 770M 0.7921 43.72 33.66B

Experian Buys 25% Stake in U.K. Mortgage Adviser

08/12/2017 1:57pm

Dow Jones News


Experian (LSE:EXPN)
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By Adam Clark

 

Experian PLC (EXPN.LN) said Friday that it has agreed to buy a 25% stake in London & Country Mortgages Ltd., a U.K. mortgage broker and adviser.

The information-services company, which provides credit-report services, didn't disclose the price it paid for the minority stake. London & Country Chairman Mike Edge will remain the majority shareholder in the company.

The two companies said the partnership is the first between a specialist mortgage adviser and an information-services company, and will improve the customer experience in the U.K. mortgage market.

Experian shares were up 9 pence, or 0.6%, to 1,566 pence at 1319 GMT.

 

Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones

 

(END) Dow Jones Newswires

December 08, 2017 08:42 ET (13:42 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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