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Article: Fitch Affirms & Withdraws Grupo Gigante's Ratings.
- Article from:
- Business Wire
- Article date:
- March 14, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Fitch Ratings has affirmed and removed the Grupo Gigante, S.A.B. de C.V. (Gigante) 'BB' Foreign Currency and Local Currency IDRs from Rating Watch Evolving. Fitch has also simultaneously withdrawn the ratings. The rating actions follow the prepayment of the US$260 million senior notes with proceeds from asset sales of its supermarket division to Organizacion Soriana, S.A.B. de C.V. (Soriana) for US$1.35 billion.
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Article: GRUPO GIGANTE COMPLETES PURCHASE OF 80.17 PERCENT ...
PR Newswire;
March 12, 1993 ;
619 words
... ... CITY, March 12 /PRNewswire/ -- Grupo Gigante, S.A. de C.V., one of Mexico ... As a result of this transaction, Grupo Gigante now owns shares representing 93.62 ... chairman and chief executive officer of Grupo Gigante, said: "Completing this transaction ...
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