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5 stories about Keter Group
Keter back on the market with 1.2 billion euro price tag
After seven years under the control of BC Partners, the plastic products manufacturer is set to be sold at half its valuation from 2016
Moody’s further downgrades Keter’s rating due to failed debt recycling
The moves made by the CEO of Keter Group, Alejandro Pena, including recycling a debt of 1.2 billion euros and failing to complete an IPO, led Moody's to lower Keter's credit rating for the second time in four months
Failed management and huge debts: Keter Plastic’s credit rating drops
Moody's downgraded Keter's credit rating to Caa1, after a move to recycle the company's debts led by CEO Alejandro Pena failed. The rating company notes that the high leverage and high interest rates will make it difficult to recycle the debt amounting to 1.2 billion euros
The Keter affair: Following IPO failure, Keter lays off 100 workers
When the group's American CEO, Alejandro Pena, was appointed in 2018, his main task was to guide the company to a successful Nasdaq IPO, but ultimately the IPO was canceled and now Keter’s employees are paying the price of Pena's failure
Keter Group and UBQ Materials partner to bring sustainable garden goods
The Israeli partnership will help Keter reach its sustainability goal incorporated in its products
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