Experian expands in Brazil
Article Abstract:
British consumer and business credit information firm Experian Group PLC has bought a 65% stake in Brazil's Serasa credit bureau in a deal valued at $1.2 bil including the transaction costs. Experian plans to raise the stake to 70% during the next six months.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Second big HSBC stake is sold to a Mideast firm
Article Abstract:
Dubai International Capital bought a stake in UK financial firm HSBC Holdings PLC via its Global Strategic Equities Fund. Although details on the deal were not released, British law requires that a stake exceeding 3% has to be declared.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Saudi buys a stake in HSBC: Saad Group founder pays $6.6 billion for 3.11% of the bank
Article Abstract:
Saudi investor Maan Abdul Wahed al-Sanea and his investment firm Saad Group have acquired a 3.11% stake in HSBC Holdings PLC for $6.6 bil, and have announced plans for greater expansion into the banking industry.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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