News

Asteron, Tyndall NZ targets as Suncorp fields offers

Tuesday 7th of October 2008
Standard & Poors (S&P) immediately put Suncorp’s A=/A-1 rating on CreditWatch, or hold, until details of any sale were revealed.

“The CreditWatch placement, which also applies to Suncorp's insurance operations, reflects uncertainty about Suncorp's future corporate structure following the potential divestment of its banking and wealth management operations,” S&P said in a statement.

I...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.