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S&P: Metso unchanged
Standard & Poor's said its ratings and outlook on Metso Corp. (BB+/stable/B) remain unchanged following the group's announcement today that it will commission a feasibility study to assess alternative corporate structures.
At the same time, the group stated that, at present, it believes that the benefits of its current corporate structure outweigh the alternatives, S&P said.
Although the outcome of the study is not known, S&P said its ratings on Metso do not factor in any material changes in its current structure and strategies.
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