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Moody's: 3M's acquisition of Capital Safety is positive
Moody's Investors Service said 3M Co.'s $2.5 billion acquisition of Capital Safety (B2/stable) is credit positive in view of its compelling strategic rationale, Capital Safety's attractive levels of profitability, safety regulations that underpin product demand and the limited adverse impact on 3M’s credit metrics. The ratings and outlook of 3M (Aa3/negative) are unaffected.
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