The Buenos Aires Stock Exchange has suspended shares of Siderar from trading on the exchange, The Wall Street Journal reports. The move was initiated by the bourse after the Argentine steel company decided to proceed with its plans to pay dividends totaling $367 million. The Argentine government, which holds a 26% stake in Siderar through pension agency, Anses, is seeking to appoint people of its choice on the company’s board. The exchange has not disclosed the tenure of the suspension.
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