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Moody's: CR Gas unaffected
Moody's Investors Service said that China Resources Gas Group Ltd.'s Baa1 issuer and senior unsecured ratings will not be immediately affected by its acquisition of AEI China Gas Ltd. for a base purchase price of $237.7 million.
The rating incorporates expected cash outflows for acquisitions, consistent with the terms of the announced AEI deal, the agency noted.
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