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Top Spanish cable firm pulls IPO

Cableuropa, Spain's largest cable and internet services provider, has pulled its IPO only two days before shares were due to start trading, blowing out of the water a €388m ($329m) fundraising exercise.

Cableuropa, which was due to list on the Madrid Stock Exchange on Thursday, blamed &quotvolatility and falling technology share prices&quot for its decision to cancel the offering.

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