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TransUnion to Acquire Majority Stake in Mexican Unit
Company Announcements

TransUnion to Acquire Majority Stake in Mexican Unit

Story Highlights
  • TransUnion announced a major acquisition in Mexico’s credit market on January 16, 2025.
  • The acquisition aims to strengthen TransUnion’s position in Latin America and expand into new sectors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

TransUnion ( (TRU) ) has provided an announcement.

On January 16, 2025, TransUnion announced its plan to acquire a majority stake in Trans Union de Mexico, S.A., the consumer credit segment of Buró de Crédito, by increasing its ownership from 26% to 94% for approximately $560 million. This strategic move aims to strengthen TransUnion’s position in Latin America, leveraging its global operating model to enhance services and drive financial inclusion in Mexico, further expanding into FinTech and insurance sectors.

More about TransUnion

TransUnion is a global information and insights company operating in over 30 countries, providing innovative solutions that ensure individuals are reliably represented in the marketplace. The company extends its services beyond core credit into areas such as marketing, fraud, risk, and advanced analytics to empower consumers and businesses worldwide.

YTD Price Performance: 3.52%

Average Trading Volume: 1,551,549

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $17.51B

For an in-depth examination of TRU stock, go to TipRanks’ Stock Analysis page.

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