09.09.2014 07:10:00
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Brambles Ltd. -- Moody's: Brambles rating not affected by announced acquisition
Sydney, September 09, 2014 -- Moody's Investors Service says that today's announcement by Brambles Limited (Baa1 stable) that it intends to acquire Ferguson Group, a container supplier to the upstream petroleum industry, for around GBP320 million through debt financing is credit negative, but does not immediately impact Brambles' ratings.