Frankfurt am Main, December 11, 2015 -- While German family-owned Franz Haniel & Cie. GmbH's (Haniel, Ba1 stable) proactive steps to reduce leverage through asset sales, including a 9% stake in retailer Metro AG, have generated positive rating momentum for the company, the continued asset concentration and sizeable investments plans, which create uncertainty about the quality of Haniel's future business profile, curtail this momentum, says Moody's Investors Service in a special report published today.
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