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Shares in Mexico's ICA plunge on default, restructure news

18/12/2015
20:08
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The stock fell over 25 percent to 3.9 pesos per share.

Shares of embattled ICA plunged in early trading on Friday after the Mexican construction firm announced it was working on a restructuring plan and launched a major corporate reshuffle.

The stock fell over 25 percent to 3.9 pesos per share after also confirming it would default on a US$31 million bond payment that was due on Nov. 30

Mantente al día con el boletín de El Universal

 

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