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S&P puts Acision on positive watch
Standard & Poor’s said it placed its B long-term corporate credit rating and B+ issue rating on Acision BV on CreditWatch with positive implications.
The CreditWatch placement follows the completion of the acquisition of Acision by Comverse Ltd.
S&P said it sees the potential for a higher rating on Acision as a result of its assessment of the combined group's credit profile.
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