Experian finalizes purchase of Brazil’s ClearSale

Published 02/04/2025, 07:06
Experian finalizes purchase of Brazil’s ClearSale

DUBLIN - Experian (OTC:EXPGF) plc, the global data and technology firm, has completed its acquisition of ClearSale S.A., a leading provider of digital fraud prevention in Brazil. The transaction was finalized on Monday, following the initial announcement on October 4, 2024.

ClearSale was removed from the Brazilian Stock Exchange (B3) and deregistered from the securities and exchange commission of Brazil (CVM) following the completion of the acquisition. The company’s last trading day on B3 was April 1, 2025, with the formal deregistration and delisting request set to be submitted to CVM and B3 shortly after.

As part of the funding for the deal, Experian has issued Brazilian Depositary Receipts (BDRs), which will be listed on B3 under the trading name EXPERIAN PLC and the negotiation code EXPB31. These BDRs, representing Experian plc ordinary shares, are expected to start trading on April 4, 2025. However, these BDRs will not carry voting rights.

Experian, a FTSE 100 Index company listed on the London Stock Exchange (LON:LSEG) with the ticker LSE:EXPN, operates in various markets, including financial services, healthcare, automotive, agrifinance, and insurance. The company invests in advanced technologies and talented individuals to harness the power of data and foster innovation. With corporate headquarters in Dublin, Ireland, Experian employs approximately 22,500 people across 32 countries.

The completion of this acquisition marks Experian’s further expansion into the Brazilian market, aiming to enhance its capabilities in fraud prevention and data security. The information regarding this acquisition is based on a press release statement.

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