• SELECT SITE CURRENCY
Select a currency for use throughout the site
Industry Report Card Released On European Investment Holding And Operating Holding Companies Jun 05
Standard & Poors, June 2005
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
STOCKHOLM (Standard & Poor's) June 21, 2005--Standard & Poor's Ratings Services today published its article "Industry Report Card: European Investment Holding And Operating Holding Companies". Gradually improved share prices, asset sales, and relative restrictive investments have resulted in a large portion of rated investment and operating holding companies having low leverage for the current rating levels. Companies such as Investor AB (AA-/Stable/A-1+), IFIL SpA (A-/Negative/A-2), AB Industriv-rden (A+/Stable/A-1), LE Lundbergf-retagen AB (A/Stable/A-1), and CIR-Compagnie Industriali Riunite SpA (BBB-/Stable/A-3) all have flexibility to make relatively sizable investments without jeopardizing the current ratings. The rated operating holding companies have added relatively few new wholly owned or majority owned companies to their portfolios in the past few years. These companies have not followed...
Companies mentioned in this report are: Investor AB,Industrivarden, AB ,EXOR SpA,L E Lundbergforetagen AB,ISS World Services A/S,CIR-Compagnie Industriali Riunite SpA
Action: General Comment
Investor AB,Industrivarden, AB ,EXOR SpA,L E Lundbergforetagen AB,ISS World Services A/S,CIR-Compagnie Industriali Riunite SpA