Experian (GB:EXPN) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Experian, the global data and technology firm, has announced the strategic acquisition of ClearSale, a leading Brazilian digital fraud prevention company, to enhance its identity and fraud suite by adding transaction fraud detection capabilities. The deal, valued at approximately US$350 million, will be funded through Experian’s cash reserves and Brazilian Depositary Receipts, pending regulatory approval. This acquisition is expected to significantly bolster Experian’s position in the high-growth Brazilian market by delivering a more comprehensive fraud and credit risk solution.
For further insights into GB:EXPN stock, check out TipRanks’ Stock Analysis page.
