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Babcock & Brown says in dispute with a bank

Wed Nov 19, 2008 6:09pm EST

SYDNEY, Nov 20 (Reuters) - Australian investment firm Babcock & Brown Ltd BNB.AX said it was in dispute with a bank which holds a deposit of a material amount relating to the release of that deposit.

Babcock requested a trading halt in its shares, saying it expected the halt to remain until the dispute was resolved. (Reporting by Mette Fraende)



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