Procter & Gamble Aktie

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WKN: 852062 / ISIN: US7427181091

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16.11.2014 20:35:00

Procter & Gamble Company (The) -- Moody's Says Procter & Gamble's Sale of Duracell is Credit Negative

New York, November 16, 2014 -- Procter & Gamble's ("P&G") announcement on Thursday that it has agreed to sell Duracell to Berkshire Hathaway in exchange for 52.8 million shares of P&G stock (valued at approximately $4.7 billion at the time of the announcement)is a credit negative. Effectively Moody's views this as a share repurchase funded with an earnings and cash generating asset and cash. However the transaction does not affect the company's Aa3 senior unsecured rating and stable outlook.

Vollständigen Artikel bei Moodys lesen