Equifax offers to acquire Boa Vista Servicos in Brazil for R$8.00 per share

Equifax has made an offer to the Boa Vista Servicos Board of Directors to acquire all outstanding shares of Boa Vista Servicos, the second largest consumer credit bureau in Brazil, for R$8.00 per share, implying an estimated total enterprise value of $583M based on a USD/BRL exchange rate of 5.3180. If accepted, this proposal would deliver compelling value to Boa Vista Servicos shareholders by providing immediate liquidity, a substantial 89% premium over the closing price on December 15, 2022, and an opportunity to exchange part of their Boa Vista Servicos stake into a globally diversified Equifax stock. This acquisition would expand Equifax capabilities in the large and fast-growing Brazilian market and would offer Boa Vista Servicos access to Equifax’s expansive global capabilities and cloud-native data, products, decisioning and analytical technology for the rapid development of new products and services, and expansion into new vertical industries. The transaction is subject to review and approval by the Boa Vista Servicos Board of Directors. If approved by the Boa Vista Servicos Board of Directors, the transaction would be subject to Boa Vista Servicos shareholder approval and other customary closing conditions. Following the completion of the proposed transaction, Boa Vista Servicos would become a subsidiary of Equifax Brasil.