Experian, the FTSE 100 global information services company, has said that at an emergency general meeting held on Tuesday, its shareholders approved the acquisition of an additional 29.6 per cent interest in Serasa, the Brazilian credit data provider.
The move will take the company's stake in the business to nearly 100%.
99.99% of shareholders voted in favour of the decision.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Experian now needs the approval of the Brazilian authorities, but said it expects the purchase to be completed shortly.
NR
-
Ofgem proposes new energy tariffs with low or no standing changesStanding charges have invited public backlash as households battle high energy bills
-
Google shares bounce on Gemini 2.0 launchGoogle has launched the latest version of its Gemini AI platform, and markets have responded positively. Is it time to buy Google shares?
