Reuters – Experian Pays $1.5B for Rest of Serasa

British credit information firm Experian has agreed to buy a further stake in its Brazilian affiliate Serasa from a group of banks for $1.5 billion in cash to take its holding to 99.6 percent, it said on Tuesday. Experian, best known for checking consumers' credit records on behalf of banks and retailers, is buying the 29.6 percent stake in Serasa from a group of four lenders - Itau Unibanco and Banco Bradesco Financiamentos of Brazil, Spain's Grupo Santander and Britain's HSBC.

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