Global information services company Experian plc (EXPN.L) said that it agreed to acquire illion, a consumer and commercial credit bureaus in Australia and New Zealand for a total consideration of up to A$820 million or US$532 million.
The acquisition is subject to regulatory review by the competition authority in Australia which the company anticipates will conclude in the second half of calendar year 2024.
In the first full year of ownership, the company expects the acquisition to add revenues of about A$175 million and Benchmark EBITDA of about A$65 million. This compares to Experian revenues in A/NZ which are expected to be about A$115 million in fiscal year 2024.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.