BUZZ-Australia's Credit Clear soars on deal to buy digital payments firm

Reuters12-18 12:54

BUZZ-Australia's <a href="https://laohu8.com/S/CCR.AU">Credit Clear</a> soars on deal to buy digital payments firm

** Credit Clear CCR.AX soars as much as 25% to A$0.3, highest since October 28

** Stock set for biggest intraday pct gain in more than a year

** Digital billing co to buy illion Digital Tech Solutions (DTS), division of (SaaS) collections business, Experian New Zealand Operations

** Says deal valued at A$7.75 mln ($5.1 mln)

** illion DTS is a digital payments and customer engagement technology company that helps organisations automate, streamline bill payment, collections, customer communications

** Stock last up 14.6%, takes YTD losses to ~19.7%

($1 = A$1.5161)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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