Article: Fitch: Javer's Change of Control Neutral to Credit Quality.

Fitch Ratings views Servicios Corporativos Javer, S.A.P.I de C.V.'s (Javer) recent announcement that its controlling shareholder has signed an agreement to sell a controlling interest in Javer to Southern Cross Group (Southern Cross) and Evercore Mexico Capital Partners (Evercore) as neutral to Javer's credit quality.

The transaction is not expected to materially change Javer's capital structure and liquidity position over the near term as a result of the change in ownership. The new controlling group is not expected to implement any fundamental changes in Javer's overall business or financial strategy, with respect to leverage and dividend policies as the ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!