02.07.2013 22:53:00

Brambles Ltd. -- Moody's says Brambles ratings are not affected by announced demerger

Sydney, July 03, 2013 -- Moody's Investors Service says that today's announcement by Brambles Limited (Baa1 stable) that it intends to demerge its Recall document and information management business into a separately listed company is credit negative, but the proposed transaction in itself does not immediately impact Brambles' rating.

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