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Experian says reviewing Pricegrabber unit

Mon Feb 18, 2008 2:08am EST
 
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LONDON, Feb 18 (Reuters) - Credit information firm Experian (EXPN.L: Quote, Profile, Research, Stock Buzz) is reviewing options for its Pricegrabber shopping comparison Web site, it said on Monday, after a weekend report that it had put the unit up for sale.

"Experian is undertaking a review of PriceGrabber and its fit within the Experian portfolio," the group said in a statement. "This review is at an early stage and Experian will make a further announcement when appropriate."

The Sunday Times reported Experian, which said last month it was reviewing its portfolio of businesses, could sell Pricegrabber less than three years after paying almost $500 million for it.

(Reporting by Clara Ferreira-Marques)

 

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