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· Business (Tobacco)
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· BAT
· Imasco
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(The following statement was released by the rating agency)
Jump to full article: Reuters, 2000-02-03
Intro: Moody's
Investors
Service
today
upgraded
the
rating
on
Imasco's
US$
commercial
paper
programme
to
Prime-1
from
Prime-2.
The
rating
action
follows
the
announcement
that
Imasco's
shareholders
voted
in
favour
of
the
offer
made
by
British
American
Tobacco
Plc
(quote
from
Yahoo!
UK
&
Ireland:
BATS.L)
to
buy
the
58%
of
shares
it
did
not
already
own
for
a
total
consideration
of
C$10.68
billion.
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