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Experian, an information services company, has unveiled its plans to take a 40 per cent stake in DP Information Group, a consumer and business credit bureau based in Singapore.

The stake was acquired from the company’s founders and marks the next stage in the acquirer’s ambitious strategy to extend its credit risk management activities into new markets.

The details of the deal remain undisclosed.

On 31 December 2007, DP Group posted revenues of $11.4 million (£6.4 million) and gross assets of some $8 million. The company was established in 1978 and provides credit information on companies, consumers, as well as portfolio management and collections services.

DP Group also has a minority stake in BRIS, a business information provider located in Malaysia.

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