ALLIANCE BOOTS RESPONSE TO STANDARD

Alliance Boots notes today's announcement by Standard & Poor's lowering and withdrawing its long term corporate credit rating on Alliance Boots' £520m of public debt.

Standard & Poor's action to lower and withdraw the credit ratings results from the Company's decision, as a private company, not to provide the extensive information on its financial and operational results requested by the ratings agency to continue its surveillance on the ratings.

Alliance Boots is trading well ahead of its expectations and the Board is satisfied that the company has the financial resources to meet its needs.

No further statement will be made in relation to this announcement.

For further information please contact

Gavin Anderson & Company
Richard Constant
Deborah Walter
Tel. +44 (0)207 554 1400

Press releases

  • Alliance Boots Limited

    This announcement has been made for regulatory purposes. It does not constitute a statement regarding the Group's financial or trading position.

    November 2007

  • ALLIANCE BOOTS RESPONSE TO STANDARD

    Alliance Boots notes today's announcement by Standard & Poor's lowering and withdrawing its long term corporate credit rating on Alliance Boots' £520m of public debt.

    October 2007

  • Alliance BMP Limited Receives Chinese Government

    Alliance Boots has been informed that the Ministry of Commerce (MOFCOM) of the People's Republic of China has approved Alliance BMP Limited's acquisition of a 50% stake in Guangzhou Pharmaceuticals Corporation (GP Corp.), the third largest pharmaceutical wholesaler in China.

    August 2007

  • ALLIANCE BOOTS ANNOUNCES NEW MANAGEMENT STRUCTURE

    Alliance Boots announces today that it is introducing a new Board and management structure with immediate effect.

    July 2007
1 2 3 4 5 Next