Darling Ingredients Aktie
WKN: 895117 / ISIN: US2372661015
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07.08.2013 02:03:00
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Darling International Inc. -- Moody's Views Darling's Acquisition of Terra as a Credit Positive
New York, August 06, 2013 -- Moody's stated today that it believes that Darling International's (rated Ba1 stable) acquisition of the used cooking oil collection and industrial residuals operations of Terra Renewal Services, Inc. ("Terra") is a credit positive. We do not expect it to meaningfully impact Darling's strong credit metrics and should provide incremental EBITDA, increased scale, and modest diversification given Terra's presence in industrial residue servicing.
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