Experian PLC announced that it agreed to divest Experian Data Services S.r.l, its business credit information business in Italy, to Cerved Group S.p.A., for an undisclosed sum.  

The sale followed a strategic review of the business and its position within Experian’s portfolio.  Experian will continue to focus on developing its consumer credit information activities in Italy, where its joint venture with Cerved, Experian-Cerved Information Services S.p.A., has been well-received in the market place, as well as building its Decision Analytics activities in the country.   Revenues for EDS in the year ended 31 March 2012 were $17 million.

Source:  Foxbusiness.com