S&P'S RATES TAKEOVER BID FOR TRANZ RAIL BY AUSTRALIA'S TOLL HOLD.
Publication: AsiaPulse News
Publication Date: 30-MAY-03
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SYDNEY, May 30 Asia Pulse - Standard & Poor's Ratings Services today said Toll Holdings Ltd's (ASX:TOL) proposed takeover bid for Tranz Rail Holdings Ltd would impact the (CNA) long-term and guaranteed debt issue ratings on New Zealand group Tranz Rail.
"Whilst Toll's bid may bolster Tranz Rail's long-term...
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