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Regulator Suspends Trading in Portugal Telecom's Shares

2015-01-09 20:17:24| Telecom - Topix.net

Portugal's stock market regulator on Friday suspended trading in shares of Portugal Telecom SGPS SA until the firm discloses "relevant information" about the sale of an operating unit to France's Altice SA . The regulator, CMVM, said it had asked Portugal Telecom several times since Dec. 22 to provide more details about a Jan. 12 shareholder meeting to approve the sale but hadn't received a response.

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