New York, May 30, 2014 -- Moody's Investors Service ("Moody's") said today that Cott Corporation's ("Cott") proposed acquisition of Aimia Foods (Holdings) Limited ("Aimia") is a long-term credit positive because it will continue the company's diversification away from U.S. carbonated soft drinks ("CSD"), although it slightly increases leverage in the short run and presents certain integration risks. The acquisition does not impact Cott's leverage enough to affect the company's B2 Corporate Family Rating or SGL-2 Speculative Grade Liquidity Rating.
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