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Moody's Considers to Downgrade Wienerberger
The U.S. rating agency placed all ratings of Wienerberger under review for possible downgrade.

Moody's Investors Services has today placed all ratings of Wienerberger AG under review for possible downgrade following the group's announcement of the debt financed acquisition of a 50% stake in Pipelife for a total consideration of € 232m (€ 162m cash consideration and € 70m net debt consolidation at Pipelife) valuing Pipelife at around 6.0x 2011 EBITDA.
Wienerberger is…
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