Experian Sells FootFall for GBP38.5 Million
July 21 2015 - 3:39AM
Dow Jones News
LONDON--Credit checking and information services firm Experian
PLC (EXPN.LN) said Tuesday it has sold its retail intelligence
business, FootFall, for 38.5 million pounds ($60 million) in cash
to Tyco International PLC (TYC) as part of its plan to focus on the
larger business and geographies.
Chief Executive Brian Cassin said the board concluded that
FootFall lies outside the core strategy.
Shares at 0805 GMT down 3 pence, or 0.24%, at 3 pence valuing
the company at GBP11.91 million.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
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