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Experian, the global information solutions company, announces that it has agreed the sale of Loyalty Solutions to easycash, a leading German point-of-sale network provider. The sale is conditional upon certain clearances, which are expected to be satisfied in the next few months.
Loyalty Solutions’ core activity is the provision of back office services to loyalty card programmes, principally for retail clients in Germany. In the year to 31 March 2007 it generated sales of €13m, with gross assets at 31 March 2007 of €7m.
Germany continues to be a major strategic market for Experian and expansion will continue across the core activities.
| Experian | ||
| Nadia Ridout-Jamieson | Director of Investor Relations | 020 3042 4215 |
| Finsbury | ||
| Rollo Head | 020 7251 3801 | |
| Don Hunter | ||
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