Report
Moody's Investors Service
EUR 176.76 For Business Accounts Only

Ceconomy AG : Ceconomy's acquisition of a 24% stake in FNAC is strengthening its business profile, no change to rating and outlook

CORPORATES ISSUER COMMENT 26 July 2017 Contacts Sven Reinke 44-20-7772-1057 Senior Vice President [email protected] Marina Albo 44-20-7772-5365 MD-Corporate Finance [email protected] Ceconomy AG Ceconomy's acquisition of a 24% stake in FNAC is strengthening its business profile, no change to rating and outlook On 26 July 2017, Ceconomy AG - until the completion of the name change, C
26/07/2017 3 EN
Underlying
CECONOMY AG
CECONOMY AG

Metro is a holding company. Through its subsidiaries, Co. is engaged in retail and wholesale. Co.'s operations are divided into four divisions: Metro Cash & Carry, Real, Media-Saturn and Galeria Kaufhof. The Metro Cash & Carry division operates in the cash and carry sector in Europe, Asia and Africa. The Real division is a hypermarket operator in Germany where it operates both stationary stores and an online store. The Media-Saturn division provides an assortment of brand products in consumer electronics retailing. The Galeria Kaufhof division operates department stores in Germany and Belgium. Co. is also a property manager through METRO PROPERTIES GmbH & Co. KG.

See profile
DE0007257503 Germany
Provider
Moody's Investors Service
Moody's Investors Service

​Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

See profile
Other Reports on these Companies
Other Reports from Moody's Investors Service

ResearchPool Subscriptions

Get the most out of your insights

Get in touch