"The Ljubljana Stock Exchange said on Tuesday it had suspended trade in energy and tourism group Istrabenz ITBG.LJ pending the outcome of debt talks with its creditors.
The Exchange said Istrabenz itself had requested the suspension following media reports regarding talks with creditors 'and the future fate of Istrabenz'. Istrabenz said it was in talks with banks but declined any further comment.
The bourse said Istrabenz which has market capitalisation of 49.7 million euros was expected to announce details of its talks with bank creditors on March 30. It said the suspension was expected to be lifted on March 31."
Source: Reuters
Wednesday, March 25, 2009
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