Announced
Financials
Sources
Tags
Acquisition
Minority
credit reporting
Private Equity
Malaysia
Pending
Friendly
Public
Financial Data and Systems
Domestic
Single Bidder
Synopsis
Creador, a private equity firm, agreed to acquire a 14.7% stake in CTOS Digital, a credit reporting agency, for $103m. “We are confident of CTOS’ growth potential in Malaysia, given the increasing digitalization of the financial services industry and improving financial literacy among Malaysians. Creador remains highly committed to supporting CTOS in its pursuit of growth and plans to continue to be a long-term investor,” Creador.
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