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Euro Disney delays debt repayments

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Euro Disney delays debt repayments

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Shares in Euro Disney plunged by the most in nearly two years after it announced it will delay up to 45 million euros of debt repayments.

The French resort operator said it will miss its targets for the current financial year because of what it called the most challenging economic environment in its history. There was a massive sell off of shares and at one stage the price was down 13 percent.