24.09.2014 22:03:00
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Ferro Corporation -- Moody's: Ferro's acquisition of Vetriceramici is a modest credit positive
New York, September 24, 2014 -- Moody's says that Ferro Corporation's (Ferro, Ba3) announced acquisition of Vetriceramici S.p.A. for EUR83 million (approximately $108 million) is a modest credit positive, but does not impact the Ba3 rating or stable outlook.