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28 Nov 2018 | 08:04

Experian's takeover of ClearScore will stifle competition, UK antitrust regulator says

The UK Competition and Markets Authority said Wednesday Experian's takeover of ClearScore could hurt competition in the industry, throwing the proposed £275m merger into doubt.

Experian said it was 'disappointed' by the provisional findings published by the UK Competition and Markets Authority, and stressed that the acquisition of ClearScore would have a 'positive impact on competition.'

'We will continue to engage constructively with the CMA over the weeks ahead to seek to address its concerns ahead of publication of the CMA's final report early in the new year,' Experian said.

At 8:04am: (LON:EXPN) Experian PLC share price was +4.25p at 1871.75p

Story provided by StockMarketWire.com
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