LONDON--Credit checking and information services firm Experian PLC (EXPN.LN) said Tuesday it has sold its retail intelligence business, FootFall, for 38.5 million pounds ($60 million) in cash to Tyco International PLC (TYC) as part of its plan to focus on the larger business and geographies.

Chief Executive Brian Cassin said the board concluded that FootFall lies outside the core strategy.

Shares at 0805 GMT down 3 pence, or 0.24%, at 3 pence valuing the company at GBP11.91 million.

-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Johnson Controls (NYSE:JCI)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Johnson Controls Charts.
Johnson Controls (NYSE:JCI)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Johnson Controls Charts.