Argos owner's credit-monitoring arm Experian in £106m deal

Credit checking-to-catalogue retailing group GUS today said its credit-monitoring arm Experian had paid £106m (€153.9m) for a company that provides address management software.

GUS, which owns Argos, said Experian had acquired QAS, whose products enable organisations to instantaneously pinpoint customers’ addresses from their house numbers and postcodes.