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Prospect News home > News index > List of issuers P > Headlines for PSA Corp. Ltd. > News item
Published on 12/1/2004 in the Prospect News Emerging Markets Daily.

S&P: PSA unaffected

Standard & Poor's said the potential acquisition of a 57% stake in Asia Container Terminals by PSA International Ltd. would not by itself have a rating impact on PSA Corp. Ltd. (AAA/stable/--).

PSA International is planning to purchase the stake in Asia Container Terminals from Sun Hung Kai Properties.

S&P said the potential acquisition would form part of PSA International's strategy to diversify globally, particularly in the growing North Asia region.


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