Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Experian plc    EXPN   GB00B19NLV48

Delayed Quote. Delayed  - 07/26 10:19:28 am
1475 GBp   -0.27%
08:18a EXPERIAN : *hsbc raises experian plc price target to 1100 pence - 'r..
07/19 EXPERIAN DATA Q : provides self-service address validation on edq.co..
07/18 EXPERIAN : publishes five global business trends that will help seni..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Experian plc : Sale of PriceGrabber and NA online lead generation

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/26/2012 | 11:07am CEST

news release

26 October 2012- Experian, the global information services company, announces that it has completed the sale of its price comparison shopping business (PriceGrabber) and its North America online lead generation activities (LowerMyBills and ClassesUSA) to the management team of those businesses.

The gross consideration is US$80m, consisting of US$2m cash at closing and a US$78m loan note. In addition further consideration is available to Experian if defined profit targets are achieved over time and in certain other circumstances, up to a fully inclusive total of US$110m. In respect of the transaction, Experian expects to realise cash tax relief of approximately US$120m over the next two years.

Don Robert, Chief Executive of Experian said:

"Over the past four years, we have focused our strategy on extending our global lead in credit information and analytics, digital marketing services and consumer services. As part of that process, we designated PriceGrabber and the lead generation activities as non-core operations, believing that they would be best developed by an independent owner. We thank all our friends and colleagues at these businesses for their support over the years and wish them every future success."

For the year ended 31 March 2012, revenues for the businesses sold were US$283m and EBIT was US$20m.

Contact

Experian

Nadia Ridout-Jamieson          Director of Investor Relations             +44 (0)20 3042 4215

James Russell                        Communications Director, UK&I and EMEA

RLM Finsbury

Rollo Head                                                                                          +44 (0)20 7251 3801

Don Hunter

About Experian

Experian is the leading global information services company, providing data and analytical tools to clients around the world. The Group helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2012 was US$4.5 billion. Experian employs approximately 17,000 people in 44 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.


This information is provided by RNS
The company news service from the London Stock Exchange
ENDDISBKPDDKBDBKKB
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EXPERIAN PLC
08:18a EXPERIAN : *hsbc raises experian plc price target to 1100 pence - 'reduce'
07/19 EXPERIAN DATA QUALITY : provides self-service address validation on edq.com
07/18 EXPERIAN : publishes five global business trends that will help senior executive..
07/15 EXPERIAN : *charles stanley cuts experian plc to 'hold' ('buy')
07/15 EXPERIAN : *jpmorgan raises experian plc price target to 1767 pence - 'overweigh..
07/15 EXPERIAN : *goldman raises experian plc price target to 1452 pence - 'neutral'
07/14 EXTRA : Experian Cautions On Currency Effects But Revenue Grows
07/14 TOP NEWS SUMMARY : No Emergency UK Budget But Interest Rate Cut Awaited
07/14 EXPERIAN : Credit checker Experian sees mid-single-digit full year organic reven..
07/14DJEXPERIAN : Backs Fiscal 2017 Views; Hints Forex Woes
More news
Sector news : Financial Information Providers
10:15aDJIHS MARKIT : BOE's Weale Shifts Stance on Stimulus Following Brexit Impact
07/25DJS& GLOBAL : P's Controller, Chief Accounting Officer to Hold CFO Title Temporari..
07/22DJIHS MARKIT : PMI Data Point to Continued Eurozone Economic Expansion -- 3rd Upda..
07/22DJIHS MARKIT : PMI Data Point to Continued Eurozone Economic Expansion -- 2nd Upda..
07/22DJIHS MARKIT : PMI Data Point to Continued Eurozone Economic Expansion -- Update
More sector news : Financial Information Providers
News from SeekingAlpha
05/24 CREDITRISKMONITOR : A Cheap Micro-Cap With A Recession-Proof Business Model
05/13 Experian's (EXPGF) CEO Brian Cassin on Q4 2016 Results - Earnings Call Transc..
05/11 Experian reports FY16 results
04/22 My Duopoly And Oligopoly Shopping List
03/15 EXPERIAN : Brazilian Operations Present Problems But Strong Cash Generation Pres..
Advertisement
Financials ($)
Sales 2017 4 708 M
EBIT 2017 1 210 M
Net income 2017 794 M
Debt 2017 3 010 M
Yield 2017 2,13%
P/E ratio 2017 22,61
P/E ratio 2018 20,57
EV / Sales 2017 4,58x
EV / Sales 2018 4,23x
Capitalization 18 565 M
More Financials
Chart EXPERIAN PLC
Duration : Period :
Experian plc Technical Analysis Chart | EXPN | GB00B19NLV48 | 4-Traders
Full-screen chart
Technical analysis trends EXPERIAN PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 19,9 $
Spread / Average Target 2,5%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Brian J. Cassin Chief Executive Officer & Executive Director
Donald A. Robert Chairman
Kerry Williams Chief Operating Officer & Executive Director
Lloyd Pitchford Chief Financial Officer & Executive Director
Barry J. Libenson Chief Information Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
EXPERIAN PLC22.90%18 565
RELX NV2.64%38 719
RELX PLC17.63%38 561
THOMSON REUTERS CORP10.92%32 604
S&P GLOBAL INC18.85%31 001
MOODY'S CORPORATION5.34%20 538
More Results