17 ноября 201011:49
Standard & Poor's: Selling Dr. Scheller Cosmetics AG to have low impact on Kalina's business risks
The international rating agency announced that Concern Kalina's ruA- national scale rating was not going to change after the cosmetics manufacturer had sold its 100% shareholding in the German Dr. Scheller Cosmetics AG to Coty. Standard & Poor's reports the German affiliated company used to be the source of 30% of Kalina's sales but of less than 10% of EBITDA prior to the sale of the shares. 'We don't think the transaction will affect Kalina's liquidity indicators either, since the company is gradually cutting down on the share of short-term debts in the