New York, June 05, 2015 -- Moody's said today that Alfa, S.AB. de C.V.'s (Baa3 stable) announcement that it acquired the remaining shares it didn't own of Campofrio Food Group (Campofrio, Ba3 stable) is credit negative for Sigma Alimentos (Sigma, Baa3 negative), as it will further increase the subsidiary's leverage. We view the transaction as neutral to Alfa, since it will bring only modest impacts to its credit metrics.
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