News: Deals: Reports

Credit Report CA Buro de Informacion Crediticia & Equifax Inc	Update Date: 05/14/08
Date Announced: 05/13/08
Value (million $USD): n/a

Status: Completed

TRANSACTION DETAILS
Date Announced	05/13/08
Date Originally Announced	05/13/08
Format	Acq. Maj. Int.	Acquisition techniques	Not Applicable
Attitude	Friendly	Agency	n/a
Value	n/a	Advisor Fees	n/a

SYNOPSIS
ECUADOR - Equifax Inc of the US raised its stake to 95% from 25%, by acquiring a 70% interest in Credit Report CA Buro de Informacion Crediticia, a Quito-based provider of credit card services.

TARGET
Name	Credit Report CA Buro de Informacion Crediticia
Industries	Short-term business credit institutions; Misc business credit; Credit reporting services
City	Quito
State	n/a
Nation	Ecuador
Incorporated in	n/a
Public Status	Private
Business Description	Credit Report CA Buro de Informacion Crediticia provides credit card services. The company is headquartered in Quito, Ecuador. It provides credit grantors with credit reports, credit scores and other decision technologies. The company was founded in 2003.
Advisors	NULL
Target Sales	n/a

ACQUIROR
Name	Equifax Inc (EFX)
Industries	Information retrieval services; Prepackaged Software; Business services, nec
City	Atlanta
State	GA
Nation	United States
Incorporated in	GA
Public Status	Public
Business Description	Equifax Inc, headquartered in Atlanta, Georgia, provides collection, organization, and management services of various credit, financial, public record, demographic, and marketing information regarding individuals and businesses. It gathers data, and compiles and processes them utilizing its proprietary software and systems, and distributes to customers in various formats. The company's products and services include consumer credit information, information database management, marketing information, business credit information, decision and analytical tools, and identity verification services, which enable businesses to make informed decisions regarding extending credit or service, mitigate fraud, manage portfolio risk, and develop marketing strategies. It also enables consumers to manage and protect their financial affairs through a portfolio of products that it sells directly through Internet and in various hard copy formats. Equifax serves customers in various industries, including financial services, retail, telecommunications, utilities, automotive, brokerage, healthcare, and insurance industries, as well as state and federal governments. Founded in 1899.
Advisors	NULL
Acquiror Sales	n/a

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