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Actis to exit African credit-information, analytics-services company

Actis LLP, a London-based private equity firm, agreed to sell credit-information and analytics-services provider Compuscan CRB Ltd. for 3.72 billion South African rand.

The buyer is Experian PLC, an information services company publicly listed in Dublin. Actis bought a majority stake in Compuscan in 2014.

The sale is subject to review by South Africa's competition regulator.

As of Dec. 12, US$1 was equivalent to about 14.16 South African rand.