The share of Edenred, a prepaid services company which notably markets Ticket Restaurants, fell by more than 9% on Wednesday on the Paris Stock Exchange, after the publication in the Italian press of information referring to an investigation into fraud targeting the Italian branch. of the group.
Read alsoTitre-restaurant: detached from Sodexo, Pluxee takes on Edenred
The Italian authorities indicated in a press release that they had seized 20 million euros in a case of “fraud at the expense of the State” and obstruction of public contract award procedures, without specifying the name of the targeted companies.
The stock lost 9.37% to 51.08 euros around 1:10 p.m.
More information to come...