SAO PAULO, Oct 4 (Reuters) - Brazilian cyber security
firm ClearSale said on Friday it has entered into a
deal to combine with local Experian ( EXPGF ) subsidiary Serasa
under which all of its shares will be incorporated by Serasa
Experian.
Each common share of ClearSale will be exchanged for a
Serasa Experian redeemable share valued at 10.56 reais, a
securities filing showed. That represents a 23.5% premium over
the Brazilian stock's Oct. 3 closing price.
The agreement was reported by Brazil Journal earlier in the
day.
ClearSale noted the deal will require approval from local
regulators.