This announcement was previously issued incorrectly under Beazley Plc and has now been issued correctly under Experian Plc.
news release
Divestment of document outsourcing in Colombia
1 November 2013 - Experian, the global information services company, announces that it has divested the Colombia document outsourcing business of Experian Computec S.A. to Hermes Documentos S.A.S., a Colombian investor.
The business was acquired as part of the Computec acquisition in 2011 and is seen as non-core to Experian. The divestment frees up resources to focus on growing the core data and analytics businesses in Colombia, and to continue the development of other Experian products in this region.
Document outsourcing revenues for the year ended 31 March 2013 were US$40m (COP 72bn) and had been reported as part of the Latin America business.
Contact
Experian
Nadia Ridout-Jamieson Director of Investor Relations +44 (0)20 3042 4215
James Russell Director of Corporate Communications
RLM Finsbury
Rollo Head +44 (0)20 7251 3801
Jenny Davey
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 2013 was US$4.7 billion. Experian employs approximately 17,000 people in 40 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.
For more information, visit http://www.experianplc.com.
