Great West Life Assurance Co. Acquires TransUnion, Becoming Major Shareholder

Trending News ☀️

TRANSUNION ($NYSE:TRU): TransUnion, a global leader in the credit and information management industry, has been acquired by Great West Life Assurance Co. Great West Life is now the major shareholder of TransUnion, having acquired a significant portion of the company’s stock. TransUnion is a publicly traded company that provides a range of services, including credit reporting and risk management solutions. The acquisition of TransUnion is a major milestone for Great West Life. The company provides a range of financial services and products, including life insurance, disability insurance, investments, annuities, and group benefits. As a major shareholder in TransUnion, Great West Life will now have access to an extensive network of data and technology solutions that can be used to improve customer experiences and streamline processes. The acquisition is expected to benefit both companies.

Great West Life will be able to leverage TransUnion’s data and technology to improve customer experiences and streamline operations. Meanwhile, TransUnion will benefit from the additional capital investment that Great West Life brings to the table. The acquisition of TransUnion is expected to be a positive move for both companies. With Great West Life now holding a significant portion of the company’s stock, TransUnion will have access to additional capital to expand its offerings. Meanwhile, Great West Life will be able to leverage TransUnion’s extensive network of data and technology solutions to improve customer experiences and streamline processes.

Market Price

On Friday, news broke that Great West Life Assurance Co. had acquired a major stake in TransUnion, with the media coverage being mostly positive. In light of this acquisition, the stock of TransUnion opened at $65.3 and closed at $67.8 on Friday, which is a 3.8% increase from the prior closing price of $65.4. This acquisition will mark a new chapter for TransUnion, as Great West Life Assurance Co. will become a major shareholder. This will in turn provide TransUnion with the financial resources and support it needs to continue to grow and develop its business in the future.

TransUnion is a leading consumer credit reporting agency in the United States and Canada, providing credit reports, scores, and other financial services to businesses and individuals. The acquisition of TransUnion by Great West Life Assurance Co. is a major move for both companies and marks a new era of growth for TransUnion. The positive media coverage it has received is a sign that this move could be beneficial for both companies, and it will be interesting to see how TransUnion will continue to develop in the coming years. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Transunion. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Transunion. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Transunion. More…

Key Ratios Snapshot

Some of the financial key ratios for Transunion are shown below. More…

VI Analysis

Company fundamentals are important to reflect its long-term potential. The VI app makes it easy to analyze TRANSUNION‘s performance. According to the VI Star Chart, TRANSUNION has a strong dividend, growth, and profitability. However, its asset is relatively weak. TRANSUNION is classified as a ‘gorilla’ company, meaning that it has achieved stable and high revenue or earning growth due to its strong competitive advantage. This type of company would be of interest to investors looking for a stable, long-term investment. TRANSUNION also has a high health score of 8/10 with regards to its cashflows and debt. This means that the company is capable of paying off its debt and funding future operations. It also has a high health score which indicates it can pay off its debt and finance future operations. This makes it an attractive investment for investors looking for a long-term, stable investment. More…

VI Peers

The company was founded in 1968 and is headquartered in Chicago, Illinois.

– Experian PLC ($LSE:EXPN)

As of 2022, Experian PLC has a market cap of 24.81B and a Return on Equity of 34.45%. The company is a global information services company that provides data and analytical tools to clients in a variety of industries. Experian PLC has operations in 40 countries and employs approximately 17,000 people.

– Equifax Inc ($NYSE:EFX)

As of 2022, Equifax Inc has a market cap of 18.4B and a Return on Equity of 18.44%. The company is a consumer credit reporting agency, which means that it gathers and provides information on consumers’ borrowing and repayment history. This information is then used by businesses to assess creditworthiness and make lending decisions. Equifax is one of the three major credit reporting agencies in the United States, along with Experian and TransUnion.

– CRA International Inc ($NASDAQ:CRAI)

CRA International Inc is a global consulting firm with a market cap of 679.36M as of 2022. The company has a Return on Equity of 17.68%. CRA International Inc provides consulting services in the areas of antitrust and competition, economic, financial, and management consulting.

Summary

Investors have been positive about the acquisition of TransUnion by Great West Life Assurance Co. The stock prices for TransUnion moved up substantially on the same day the news was released. Analysts suggest that TransUnion’s strong presence in the credit and risk management industry, combined with Great West Life’s long-term investment plans, will bring significant returns for all parties involved. With the acquisition, Great West Life has become a major shareholder in TransUnion, allowing them to expand their international presence. Going forward, investors should keep an eye on TransUnion’s performance and the potential returns associated with this acquisition.