GUS is reported to have rejected a UKP7bn bid for its credit information business, Experian. The bid was made by a consortium of US-based private equity firms, including Thomas H Lee and Bain Capital. Private equity groups are attracted by the opportunity to create value by restructuring the business.  The same firms originally bought TRW’s US consumer credit information division and sold it to Experian for over US$1bn.  Source: Telegraph.co.uk  03/22/2006

BIIA Newsletter March – 2006 issue