• Experian


  • Illion


On 4 April 2024, Experian Australia Credit Services Pty Ltd (Experian Bureau, or Experian) announced that it is seeking to acquire 100% of the shares in Credit Data Solutions Pty Ltd (illion) pursuant to the terms of a share sale agreement with the existing shareholders of illion.

Experian Bureau is a joint venture, with Experian Australia Pty Ltd (Experian Australia) holding a majority share, and the four major banks (ANZ, CBA, NAB and Westpac), Latitude Financial Services Australia Pty Ltd and American Express Australia Limited, each holding minority interests (JV Shareholders).

illion is majority owned by funds that are managed and advised by Archer Capital.

Experian and illion each provide consumer credit reporting services in Australia. Their respective customers are credit providers, for example, lenders, utilities, telecommunication providers and loan providers who both use data and provide data to the providers of reporting services.

Experian and illion both also supply related services, including software for managing customer originations, marketing services, categorisation solutions and identity verification services.

Market inquiries

Submissions are invited from interested parties regarding Experian Bureau’s proposed acquisition of illion by 4pm AEST on 19 April 2024

Submissions should be forwarded electronically (preferably in PDF format) to with the title: "Submission re: Experian Bureau / illion". 

For more details, please refer to the Market Inquiries Letter published below. 

Following 19 April 2024, queries regarding the ACCC’s review may also be addressed to

For more details, please refer to the Market Inquiries letter published below.

ACCC correspondence


Date Event

ACCC commenced informal review under the Informal Merger Review Process Guidelines.

Closing date for submissions.

Timeline suspended pending receipt of information from the parties and targeted market participants. Former provisional date for announcement of ACCC’s findings (27 June 2024) is delayed. 

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