According to Bloomberg, Standard & Poor's Ratings Services said its ratings on Bermuda-based emerging markets TV broadcaster Central European Media Enterprises Ltd (CEM) are not affected by news that the group intends to buy out its partners' equity interests in Ukrainian broadcaster Studio 1+1, for USD 219.6m. S&P has a 'BB' rating on the company with a stable outlook. Our View: We do not expect any impact for today’s trading.