Experian completes Baker Hill sale

22nd Sep 2015 10:06

(ShareCast News) - Global information services group Experian has completed the sale of Baker Hill to global private equity firm The Riverside Company for $100m (£64.6m).Earlier this month, the FTSE 100 group said it had agreed to sell the software provider, as it had become peripheral to the company's core strategy."The sale of Baker Hill is another step in our group strategy to focus on our larger businesses and geographies," said group chief executive Brian Cassin at the time of the announcement."We are pleased that Riverside will take Baker Hill into the future and wish the Baker Hill management team and employees every success."Experian shares were down 1.97% to 1,037.16p at 1012 BST on Tuesday.