Johannesburg, May 11, 2016 -- Moody's Investors Service today assigned Baa2 local currency global scale long-term and Prime-2 (P-2) short-term issuer ratings to The Bidvest Group Limited (Bidvest) and recalibrated the national scale long-term issuer ratings to Aa1.za from A1.za and affirmed the P-1.za short term national scale rating. The outlook on the ratings is negative due to the proposed unbundling.
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