Veda shareholders ok Equifax bid

The shareholders of Australian credit information provider Veda have backed the $2.4 billion takeover bid from US data analytics group Equifax.

Veda shareholders have overwhelmingly approved US data analytics giant Equifax's $2.4 billion takeover bid of the Australian credit information provider.

The scheme of arrangement remains subject to court approval.

Veda has applied to the Federal Court of Australia for approval of the scheme at a hearing scheduled for February 10.

In December, the Foreign Investment Review Board gave the green light to the bid.