16.06.2014 19:31:00

Covidien International Finance S.A. -- Moody's puts Covidien's Baa1 ratings on review for upgrade

New York, June 16, 2014 -- Moody's Investors Service placed the ratings of Covidien Finance International S.A. (a subsidiary of parent holding company, Covidien plc) under review for upgrade following news that the company has signed a definitive agreement to be acquired by Medtronic, Inc. for approximately $42.9 billion of stock and cash.

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