October 23, 2012 / 6:21 AM / 5 years ago

BRIEF-Experian to buy additional interest in Brazil's Serasa

LONDON, Oct 23 (Reuters) - Experian : * Proposed acquisition of additional interest in Serasa * Experian has agreed to acquire a further 29.6% interest to take its holding to 99.6% * The agreed consideration is R$3.1bn (US$1.5bn) plus a cash adjustment to the date of completion *The transaction is to be satisfied in cash and fully funded from existing banking facilities

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