"Ratings agency Standard & Poor's has downgraded Foster's Group to only one notch above junk status as the drinks giant moves to wrap up its entirely debt-funded takeover of Southcorp.
The rating has been cut from BBB to the lowest investment grade, BBB-, with Foster's now holding 95.3 per cent of Southcorp and in a position to mop up the rest compulsorily.
"
almost junk
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.678M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $5.779K | 427.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 163767 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 136822 | 3 |
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| FGL (ASX) Chart |
Day chart unavailable
