Shares in Spanish property giant Colonial closed sharply lower Friday after US conglomerate General Electric said it was putting a bid for the firm on hold because it could not gain access to the company's books.
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General Electric says it is dropping Colonial bid moves for nowPosted by UK Economy News
In UK financial news
1Feb 08 Shares in Spanish property giant Colonial closed sharply lower Friday after US conglomerate General Electric said it was putting a bid for the firm on hold because it could not gain access to the company's books.
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