Sept 18 (Reuters) - Equifax Inc (NYSE:EFX) EFX.N :
* Confirms proposal to acquire Australia's leading credit bureau, Veda Group Limited
* Says deal for AUD$2.70 per share in cash
* Says transaction valued at approximately AUD$2.3 billion or USD$1.6 billion
* Says proposal represents a 35% premium over veda's closing price of AUD$1.995
on September 17, 2015
* Says believes the proposal is financially compelling, and creates considerable value for the shareholders of Veda
* Says proposal is consistent with Equifax's stated strategic focus to expand into new markets
* Source text for Eikon ID:nASB0A75T