
Size of Compaq deal hits credit rating...
Published: 8 March 2002 08:30 GMT
HP's credit rating was yesterday downgraded by Standard and Poor after the agency cited increased levels of strategic risk in the PC maker's contentious merger proposal.
While recognising the strategic validity of HP's bid to consume Compaq for $22bn, Standard and Poor also highlighted the "significant execution risks inherent in a merger of this size".
Both HP's short and long-term ratings have been cut. Unsecured debt has been reduced from AA- to A-. The ratings agency has also warned of the possibility of further cuts.
You will have the overall say in the long term strategic direction of the business and this is a very exciting time for this client as they are ...
To develop strategic plans for the replacement or upgrade of existing systems and equipment and the placement of contracts for supply and ...
SAS Credit Risk Analyst required for leading financial based in Thames Valley. Candidates must possess a good level of SAS and must have worked in a ...
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