8-KRegulation FDExhibits & Filings

EQUIFAX INC 8-K Report, Regulation FD Disclosure (May 31, 2011)

Filed May 31, 2011For Securities:EFX

Summary

Equifax Inc. announced a significant strategic move in Brazil through its subsidiary, Equifax do Brasil Ltda. The company is merging its commercial credit intelligence and data operations with Boa Vista Serviços S.A., a prominent consumer credit data firm in Brazil. This transaction aims to create a more comprehensive information solutions provider for businesses operating in Brazil, combining Equifax's commercial expertise with Boa Vista's consumer credit data strength.

Key Highlights

  • 1Equifax is merging its Brazilian commercial credit operations with Boa Vista Serviços S.A.
  • 2The combined entity will offer comprehensive information solutions to Brazilian businesses.
  • 3Equifax will also provide global consumer and commercial products to the merged company.
  • 4Equifax has committed up to $100 million in additional funding for growth initiatives, subject to conditions.
  • 5Equifax will become a joint owner of Boa Vista alongside existing shareholders.
  • 6Existing shareholders of Boa Vista include ACSP, Associação Comercial do Paraná, CDL Rio de Janeiro, CDL Porto Alegre, and TMG Partners, LLC.

Frequently Asked Questions

The transaction aims to create a more powerful and comprehensive credit information solutions provider in Brazil by merging Equifax's commercial credit intelligence with Boa Vista's leading consumer credit data operations. This synergy is expected to better serve businesses in the Brazilian market.

Equifax will become a joint owner of Boa Vista, sharing ownership with the existing shareholders. Additionally, Equifax will continue to supply global consumer and commercial products to the newly formed entity.

Equifax has committed to providing up to $100 million in additional funding. This funding is contingent on certain conditions and is earmarked for new product development, acquisitions, and other growth initiatives within the combined entity.

Yes, the transaction is subject to applicable regulatory reviews, indicating that official approval is still pending before the merger can be fully completed.