Fitch Rating Update
Fitch Ratings have today affirmed their issuer rating of ‘BBB’ for Downer EDI Limited (ASX: DOW). The outlook on the rating has been revised to negative.
The S&P/NZX 50 Index closed at 12,076.85, down 89.29 points or 0.73%.
However, lawyer says Jim Grenon's board proposal doesn't appear to breach rules.
George Adams is out and Rob Hewett takes over.
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