Abengoa begins insolvency proceedings after failed accord with Gonvarri

MADRID Nov 25 Spain's Abengoa said on Wednesday it has started talks with creditors on insolvency proceedings after investors Gonvarri backed away from a plan to inject around 350 million euros ($374 million) in to the company.

Trading in Abengoa was suspended by the stock market regulator until 1000 GMT. ($1 = 0.9369 euros) (Reporting by Robert Hetz; Writing by Paul Day)

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