Liberty Interactive a Aktie
WKN DE: A0JMPL / ISIN: US53071M1045
17.08.2015 20:08:00
|
QVC, Inc. -- Moody's: Liberty/QVC's acquisition of zulily increases leverage; no impact on ratings
New York, August 17, 2015 -- Liberty Interactive ("Liberty" -- Ba3/stable/SGL-1) and QVC Inc. ("QVC" -- Ba2) ratings and stable outlook are not immediately affected by the company's announcement that it has entered into a definitive agreement to acquire zulily, inc. ('zulily') for approximately $2.4 billion. While the acquisition is considered strategically sensible, the acquisition multiple is high and the partly debt financed nature will modestly weaken credit metrics.