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Experian Completes Sale of Email/CCM Business

31 May 2017 15:41

RNS Number : 7421G
Experian plc
31 May 2017
 

 

news release

 

 

Completion of divestment of controlling interest in Email/Cross-Channel Marketing

 

31 May 2017 - Further to our announcement of 3 April 2017, we are pleased to announce that the divestment of 75% of the Group's Email / Cross-Channel Marketing business to Vector Capital has completed and the purchase consideration has been received.

 

Contact:

Experian

Andrew Simms Head of Investor Relations +44 (0)20 3042 4215

Gerry Tschopp Senior VP, Group Communications +1 714 830 7756

 

Finsbury

Rollo Head +44 (0)20 7251 3801

Jenny Davey

 

Morgan Stanley & Co. LLC served as Experian's exclusive financial advisor in connection with the transaction.

 

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 16,000 people operating across 37 countries and every day we're investing in new technologies, talented people and innovation to help all our clients maximize 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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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