"Turkey's Arcelik downgraded on increased stake in Beko Elektronik - Fitch
06.11.07, 2:56 AM ET
MUMBAI (Thomson Financial) - Fitch Ratings said it has downgraded Arcelik AS's local currency issuer default rating to 'BB+' from 'BBB-' and national long-term rating to 'AA+(tur)' from 'AAA(tur)' after the Turkish white goods manufacturer increased its stake in television and consumer electronics manufacturer Beko Elektronik."
More:Turkey's Arcelik downgraded on increased stake in Beko Elektronik - Fitch - Forbes.com
