Vattenfall on Watch Negative at S&P after merger cancelled

1. oktober 2001 8:25 Oppdatert 1. oktober 2001 8:25

In response to the cancellation, on Sept. 26, 2001, of the planned merger between Sweden-based electric utility Vattenfall AB's German holdings and Berlin-based utility Bewag, Standard & Poor's, the global ratings agency, today placed all long-term ratings on Vattenfall and related entities on CreditWatch with negative implications.