Bulletin: WESCO International Inc. Ratings Unaffected By Announcement Of Its Acquisition Of TVC Communications LLC - S&P Global Ratings’ Credit Research

Bulletin: WESCO International Inc. Ratings Unaffected By Announcement Of Its Acquisition Of TVC Communications LLC

Bulletin: WESCO International Inc. Ratings Unaffected By Announcement Of Its Acquisition Of TVC Communications LLC - S&P Global Ratings’ Credit Research
Bulletin: WESCO International Inc. Ratings Unaffected By Announcement Of Its Acquisition Of TVC Communications LLC
Published Nov 17, 2010
Published Nov 17, 2010
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Abstract:

NEW YORK (Standard&Poor's) Nov. 17, 2010--Standard&Poor's Ratings Services said today that its ratings and outlook on WESCO International Inc. ('BB-/Stable') and wholly owned subsidiary WESCO Distribution Inc. ('BB-/Stable') are unaffected by the company's announcement that it has entered into an agreement to acquire TVC Communications LLC (TVC; not rated), a distributor of broadband communication network infrastructure products, for around $246.5 million. We believe the acquisition strengthens WESCO's position as a leading distributor of data communication equipment, and contributes to the company's geographic expansion outside of North America. This is the first sizeable acquisition announcement by the company since its $530 million acquisition of Communication Supply Holdings, Inc. in 2006. Improving demand conditions in WESCO's industrial markets

  
Report Type:

Bulletin

Ticker
Issuer
GICS
Trading Companies & Distributors (20107010)
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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: WESCO International Inc. Ratings Unaffected By Announcement Of Its Acquisition Of TVC Communications LLC" Nov 17, 2010. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-WESCO-International-Inc-Ratings-Unaffected-By-Announcement-Of-Its-Acquisition-Of-TVC-Communications-LLC-832126>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: WESCO International Inc. Ratings Unaffected By Announcement Of Its Acquisition Of TVC Communications LLC Nov 17, 2010. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-WESCO-International-Inc-Ratings-Unaffected-By-Announcement-Of-Its-Acquisition-Of-TVC-Communications-LLC-832126>
  
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