TransUnion plans to purchase Mexico's biggest credit bureau's consumer credit business for $560 million. The deal, announced Thursday (Jan. 16), makes it the majority owner of Trans Union de Mexico, an arm of the country's Buró de Crédito.
Banco Santander's Mexican arm has reached an agreement, alongside other shareholders, to sell its stake in TransUnion Mexico, it said on Thursday.
TransUnion says it plans to acquire British credit prequalification/distribution platform Monevo. The credit reporting agency announced the deal Wednesday (Jan. 8), noting that it already owned 30% of Monevo's equity after purchasing a minority stake in 2021.
TRU's proactive efforts to reduce fraud rates are boosting its prospects. However, higher expenses remain a concern.
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TransUnion's Q3'24 results exceeded expectations with 12% revenue growth and a 14% EPS increase, driven by strong U.S. performance and strategic product innovations. The company's transformation program and technology modernization efforts are expected to drive cost savings, operational efficiencies, and long-term profitability through 2025 and beyond. Despite risks like economic uncertainty and leverage concerns, favorable macroeconomic conditions and increasing demand for credit services support a positive outlook.
TORONTO, ON / ACCESSWIRE / December 5, 2024 / TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF)(FSE:706) ("TRU" or the "Company") is pleased to report on high grade gold ("Au") assays from rock sampling and mapping carried out on a section of the company-defined Mark's Pond to Rich House ("MPRH") exploration fairway at its flagship Golden Rose Project ("Golden Rose"). The Golden Rose project is strategically located along the gold deposit-bearing Cape Ray - Valentine Lake Shear Zone in Central Newfoundland.
TRU is benefiting from increased traffic, boosting operational efficiency. However, higher expenses remain a concern.
TransUnion (TRU) reported earnings 30 days ago. What's next for the stock?
TRU stock benefits from a stable U.S. economy, insurance and consumer interactive segments' growth and raised guidance.
TORONTO, ON / ACCESSWIRE / November 5, 2024 / TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF)(FSE:706) ("TRU" or the "Company") is pleased to provide results from the 2024 field season copper ("Cu") exploration program at its flagship Golden Rose Project ("Golden Rose") strategically located along the gold deposit-bearing Cape Ray - Valentine Lake Shear Zone in Central Newfoundland. As previously announced (see news releases dated April 18, 2024 and July 16, 2024 ), TRU has been conducting a targeted exploration program focused on the critical minerals potential of Golden Rose, with special emphasis on copper.
TRU clocks significant y/y increases in its Financial Services and Consumer Interactive revenues in the third quarter of 2024.