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MOODY'S DOWNGRADES RINKER CREDIT RATING.
Publication: AsiaPulse News Publication Date: 22-JUN-07 |
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COPYRIGHT 2007 Asia Pulse Pty Ltd
SYDNEY, June 22 Asia Pulse - Rinker Group Ltd's (ASX:RIN) rating has been downgraded after Cemex extended its $US14 billion ($A16.55 billion) takeover bid for the company in its quest to own the firm outright.
Moody Investors Service said that it downgraded Rinker because it was set to be snapped...
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