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Shares in Spain's Colonial suspended - bourse

Wed Apr 2, 2008 2:57am EDT

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MADRID, April 2 (Reuters) - Trading in the shares of indebted property company Colonial (COL.MC) was suspended just ahead of the opening, the stock exchange said on Wednesday.

Colonial is due to meet its creditor banks in London this week amid newspaper reports that some creditors are looking at converting debt into shares. (Reporting by Jane Barrett; editing by Joe Ortiz)



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