News

CANADA: DBRS downgrades Allied over fears of debt and competition

Most popular

Is Conor McGregor a threat to Pernod? - Analysis

Big beer versus craft beer - Is the fight over?

Pernod is buying Malfy for the flavour - comment

Asia - the latest front in the craft beer battle

Is Carlsberg treating consumers like suckers

MORE

DBRS, the Canadian credit rating agency, has downgraded the commercial paper rating for Allied Domecq Canada, based upon the parent company, to R-1 (low), despite saying that Allied has made "positive strides in transitioning its business over the past few years". DBRS said that the downgrade reflected concerns that Allied has "pursued and is expected to continue to pursue select acquisitions that may singularly or in aggregate, raise debt levels and weaken the balance sheet".


Related Content

FREE TO READ - The news stories that shaped the year - just-drinks review of 2016

FREE TO READ - The news stories that shaped the year - just-drinks review of 2016...

Why analysts are going ga-ga over Diageo, Heineken's & C&C Group's on-premise plays and why you need just-drinks - The just-drinks analyst

Why analysts are going ga-ga over Diageo, Heineken's & C&C Group's on-premise plays and why you need...

Analysis - Storm clouds lift over Diageo Towers

Analysis - Storm clouds lift over Diageo Towers...

FREE TO READ - The biggest interviews of the year - just-drinks' review of 2018

FREE TO READ - The biggest interviews of the year - just-drinks' review of 2018...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?