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MEXICO CITY, Oct 29 (Reuters) - Mexican construction company ICA said on Thursday that it has no plans to suspend payments or declare insolvency and has hired Rothschild Mexico as a financial adviser.
ICA said it will task Rothschild with studying ways to improve liquidity and reduce its leverage, the company said in a statement.
Shares in ICA plunged about 10 percent in early morning trading on Thursday after posting weak third quarter results. (Reporting by David Alire Garcia)