Fitch: ratings unchanged for Votorantim

Fitch: ratings unchanged for Votorantim
Published: 02 June 2014


According to Fitch Ratings, the recent decision by Brazil's antitrust agency, CADE, to stiffen the penalties against Brazilian cement companies allegedly engaged in price collusion presents a significant challenge to Votorantim Cimentos (VCSA), but it will not result in a negative action to its 'BBB' rating.







To continue reading this story and have 100% free access to the CemNet.com website, please Register for a subscription to International Cement Review or Login