S&P: Parkson Retail Group rating unaffected by failed bid


  • Business
  • Wednesday, 14 Oct 2015

Parkson Retail Group mall in China

KUALA LUMPUR: Standard & Poor's Ratings Services’ rating on Parkson Retail Group Ltd (Parkson: BB-/Stable/--; cnBB+/--) is not affected by the company's unsuccessful attempt to acquire Parkson Retail Asia Ltd.

It said on Wednesday its base case for Parkson is unchanged because it had not included the proposed acquisition in its assumptions.

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