Sunday, June 24, 2007

LSE Credit Rating Is Placed on Review for Possible Downgrade by Moody's

(Bloomberg) -- London Stock Exchange Plc, which
agreed to buy Borsa Italiana SpA on June 23 for 1.63 billion
euros ($2.2 billion), has been put on review by Moody's Investors
Services for possible downgrade of its debt rating.

The decision to review the LSE's rating follows the
announcement that the exchange had reached agreement with the
board of Borsa Italiana on the terms of the recommended offer,
Moody's said today in an e-mailed statement.


Read more at Bloomberg Currencies News

No comments: