Moody's upgrades Ahold ratings

Moody's Investors Service on Friday said it had upgraded its credit ratings for Ahold, reflecting the retailer’s efforts to reduce debt and improve operating results.

The agency said the upgrade, to Baa2 from Baa3, did not take into account Ahold’s pending merger with Delhaize but said it viewed the combination as beneficial for both companies. “The combination of the two businesses would be a logical step towards beco

Register to view the full article

TAGS: News
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish