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TMX VanEck ETFs NV

84.92
-0.08 (-0.09%)
Last Updated: 12:53:15
Delayed by 15 minutes
Name Symbol Market Type
VanEck ETFs NV EU:TMX Euronext Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.08 -0.09% 84.92 84.64 85.23 85.53 84.92 85.00 783 12:53:15

Colombia Court Tells ETB To Suspend Controlling-Partner Search

22/09/2009 4:10pm

Dow Jones News


VanEck ETFs NV (EU:TMX)
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A Colombian court ordered state-owned telephone company Empresa de Telecomunicaciones de Bogota SA (ETB.BO) to temporarily suspend the process of seeking a controlling partner, sending its share price down 11%.

The court ordered the suspension after the labor union of ETB's workers sued the company to oppose the partial privatization, the company said Tuesday in a filing to the local market regulator.

The company said it will appeal the decision.

Last week, ETB had delayed the auction to pick the new controlling partner to Dec. 21 instead of Oct. 16.

Shares of ETB were down 11% to 1,040 Colombian pesos (54 cents) at 10:31 a.m. EDT.

-By Inti Landauro, Dow Jones Newswires; 57-1-610-70-44, ext. 1131; colombia@dowjones.com

 
 

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