TransUnion Expands in Mexico With $560 Million Buro de Crédito Deal

TransUnion plans to purchase Mexico’s biggest credit bureau’s consumer credit business for $560 million.The deal, announced Thursday (Jan. 16), makes it the majority owner of Trans Union de Mexico, an arm of the country’s Buró de Crédito.“Our expansion in Mexico continues our commitment to making trust possible in global commerce,” TransUnion President and CEO Chris Cartwright said in a news release.“Credit bureaus are a catalyst for financial inclusion, and we are excited for the opportunity to bring the b ...