ATLANTA -- Equifax Inc. announced that its offer to acquire Infolink, a Croydon, England-based credit reporting company, has been accepted by more than 70% of Infolink's shareholders. The company anticipates it will own 100% of the shares.
The acquisition of Infolink strengthens Equifax's position in the UK, doubling its size in the consumer reporting segment and adding commercial credit reporting and auto lien data base operations.
The all-cash purchase price for Infolink's 7.9 million shares is approximately 51 million pounds, or $80 million.
Established in 1899 in Atlanta, Equifax employs more than 12,000 people throughout North and South America, the United Kingdom, and continental Europe.