Experian sets up JV with Italian credit info provider
Experian, the credit checking firm, has signed an agreement to form a joint venture (JV) with Cerved Group to provide enhanced consumer credit information services to the Italian market.
Experian, the credit checking firm, has signed an agreement to form a joint venture (JV) with Cerved Group to provide enhanced consumer credit information services to the Italian market.
Cerved Group is a major provider of credit information in Italy and will hold a minority stake in the JV.
The JV, known as Experian Cerved Information Services, will be established with initial gross assets of around $14m.
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
The joint venture was set up to create a comprehensive consumer information bureau by combining Experian's existing consumer credit information business in Italy with Cerved group's consumer credit data.
The joint venture will use Experian's bureau technology and value-added products to provide innovative new services to the Italian consumer credit market, the firm said.
The share price fell 0.2% to 976p by 13:39.
NR
-
Bitcoin hits new heights - is now a good time to invest?
The value of Bitcoin has surged to a 20-month high. Why is Bitcoin rising and is now a good time to invest?
By Vaishali Varu Published
-
Gold hits record high - could it soar higher next year?
The yellow metal has hit a new all-time high. We look at market expectations for 2024, whether investors should sell and take profits, and how to invest in gold.
By Ruth Emery Published