Credit data firm Experian to buy fintech ClearScore for 275 mln stg

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(Reuters) – Experian Plc (EXPN.L), the world’s biggest credit data company, said on Thursday it would buy financial technology company ClearScore for 275 million pounds ($383.8 million).

The deal is expected to close later in 2018 and add to benchmark earnings in the first full fiscal year of ownership, Experian said.

ClearScore, which has over 6 million members in the UK, provides free access to credit reports and scores and introduces consumers to personal financial products.

($1 = 0.7166 pounds)

Reporting by Noor Zainab Hussain in Bengaluru; Editing by Savio D’Souza

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