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People & Business :: Companies

Moody's Considers BASF Downgrade After Cognis Deal

3:48 PM MDT | June 23, 2010 | Vincent Valk

Moody's Investors Service (New York), the credit ratings agency, is reviewing BASF's investment-grade credit rating for a possible one-notch downgrade on account of the possible 3.1 billion euro acquisition of Cognis. BASF is currently rated A1 by Moody's...

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