Alea shares plunge on AM Best downgrade. Sale still being considered
AM Best has joined Standard and Poors in downgrading Alea. Its shares dropped 8.5 per cent on the news to 130 pence.
In a statement Alea said it has been notified by AM Best that it has downgraded Alea's financial strength rating to B++ (very good) and its issuer credit rating to bbb and has assigned a negativeOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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