Today: January 17, 2025
January 17, 2025
1 min read

4 banks operating in Mexico sell their shares to TransUnion

Among the banking entities that announced the sale of their portion in TransUnion Mexicowhich together with D&B operates the call Credit Bureauthere are the local units of Santanderwhich had 16.7%; Scotiabank6.7%; and HSBC5.8%, as well as the Mexican Banorte, 5%.

The Credit Bureau manages the largest credit database for individuals and companies.

The banks said in statements sent to the local stock exchange that their shares were acquired by TransUnion Reverse Exchange, a unit of TransUnion. With the operation, the buyer will increase its participation in the capital stock of TransUnion México from 26% to approximately 94%.

The American firm, which has more than 13,000 associates operating in more than 30 countries, clarified in a statement that the consideration for the transaction is approximately 11.5 billion pesos or 560 million dollars using an exchange rate of 20.53 as of December 14. January.

In addition, the banks detailed that the operation does not include the portion that “they maintain in Dun & Bradstreet, SA, SIC (D&B Mexico), a credit information company focused on the commercial sector (that is, legal entities and individuals with business activity). ”.



Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

Junín ends 2024 with 58 homicides and 3,074 reports of robbery
Previous Story

Junín ends 2024 with 58 homicides and 3,074 reports of robbery

Two people die and seven are injured in a traffic accident in Cienfuegos
Next Story

Two people die and seven are injured in a traffic accident in Cienfuegos

Latest from Blog

Go toTop