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Experian plc - Update on proposed ClearScore acquisition

RNS Number : 7316I
Experian plc
28 November 2018
 

 

news release

 

 

 

Update on proposed ClearScore acquisition

 

 

28 November 2018 - Experian is disappointed by the Provisional Findings published today by the UK Competition and Markets Authority ("CMA"). We continue to strongly believe that the acquisition of ClearScore will have a positive impact on competition, allowing Experian to help more consumers with their finances by providing greater choice and convenience to them to access personal finance products at the best prices.

 

We also believe we will be able innovate more and better through the combination of the parties' complementary assets and innovation cultures. We will continue to engage constructively with the CMA over the weeks ahead to seek to address its concerns ahead of publication of the CMA's final report early in the new year.

 

 

Contact:

Experian

Nadia Ridout-Jamieson               Investors                                               +44 (0)20 3042 4215

Gerry Tschopp                             Media                                                    +1 714 830 7756

 

Finsbury

Rollo Head                                                                                                 +44 (0)20 7251 3801

Jenny Davey

 

About Experian

Experian is the world's leading global information services company. During life's big moments - from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers - we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.

 

We have 16,500 people operating across 39 countries and every day we're investing in new technologies, talented people and innovation to help all our clients maximise every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.

 

Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group.


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Quick facts: Experian

Price: 2800

Market: LSE
Market Cap: £25.66 billion
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