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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 32.00 | 0.99% | 3,273.00 | 3,275.00 | 3,276.00 | 3,294.00 | 3,253.00 | 3,265.00 | 1,436,473 | 16:35:08 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Business Services, Nec | 6.62B | 770M | 0.7921 | 41.35 | 31.83B |
From Apr 2022 to Apr 2024
By Michael Susin
Experian PLC said Monday that it has agreed to acquire a 51% stake in Brazilian fintech company MOVA Sociedade de Empréstimo entre Pessoas S.A. for a cash consideration of 40 million Brazilian reais ($7.9 million).
The consumer-credit reporting agency said the deal will complement its existing business-to-business solution for small and medium-sized companies.
The London-listed company said the deal will be funded from existing cash and includes a call option to buy the remaining 49% stake between 2026 and 2028.
MOVA's gross assets at Dec. 31 were BRL14.5 million.
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
May 16, 2022 02:40 ET (06:40 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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