09.05.2014 11:03:00
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Envestra Ltd. -- Moody's: No immediate ratings implications for Envestra's ratings from Cheung Kong's acquisition announcement
Sydney, May 09, 2014 -- Moody's Investors Service says that the Baa2 rating and stable outlook of Envestra Limited will not be immediately affected by announcement of a non-binding conditional proposal on 7 May 2014 from the Cheung Kong Group (unrated) to acquire all the issued shares of Envestra for cash.