EQT Targets Control of German Credit Score Firm Schufa
VIDEO: Why AI and Robots Differ | AI IRL
Bloomberg Originals
- Buyout firm secures roughly 10% Schufa holding from SocGen
- EQT values Schufa at 2 billion euros based on SocGen stake
Updated on
This article is for subscribers only.
EQT AB is in talks with the owners of Schufa Holding AG about taking control of the Germany’s equivalent to the FICO credit score firm in the U.S., according to people familiar with the matter.
The private equity firm has already secured a roughly 10% stake in the business from French bank Societe Generale and is in discussions with Deutsche Bank AG, Commerzbank AG, savings banks and other Schufa owners to gather more, the people said.
Up Next
EQT Targets Control of German Credit Score Firm Schufa
Author: Thomas Stevenson
Last Updated: 1704040803
Views: 1324
Rating: 4.4 / 5 (105 voted)
Reviews: 85% of readers found this page helpful
Name: Thomas Stevenson
Birthday: 1937-03-08
Address: 70539 Wilson Lock Apt. 320, Baileyland, MS 10023
Phone: +4282344693603759
Job: Architect
Hobby: Wildlife Photography, Playing Guitar, Gardening, Whiskey Distilling, Graphic Design, Card Collecting, Kite Flying
Introduction: My name is Thomas Stevenson, I am a fearless, esteemed, valuable, variegated, risk-taking, dazzling, welcoming person who loves writing and wants to share my knowledge and understanding with you.