Brazil's ClearSale, Experian's Serasa reach tie-up deal

SAO PAULO (Reuters) - Experian (OTC:EXPGF ) has reached a deal to acquire Brazilian cyber security firm ClearSale for 2.065 billion reais ($377 million), local news outlet Brazil Journal reported on Friday, citing sources.

Experian will pay 10.56 reais per ClearSale share, a 23.5% premium over the Brazilian stock's Oct. 3 closing price, the report said.



Experian and ClearSale did not immediately respond to requests for comment.

($1 = 5.4775 reais)

Source: Investing.com

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