Experian has acquired a 40% stake in DP Information Group (DP).  Founded in 1978, DP provides credit information on companies (including small and medium sized enterprises) and consumers, corporate credit ratings, consumer scoring activities, portfolio management and collections services. In addition, DP Information Group provides marketing lists and campaign management services. In 2007, DP was awarded a license to operate the second consumer credit bureau in Singapore. DP also has a minority equity ownership in BRIS, a business information provider in Malaysia.  Revenue for DP in the year to 31 December 2007 was US$11.4m and gross assets as at 31 December 2007 were approximately US$8m. The minority stake in DP was acquired from its founders and will form part of Experian’s Credit Services activities.  Source: Experian Press Release

BIIA Newsletter October 2008 Issue