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Targeted by an investigation for fraud in Italy, Edenred sees its shares fall on the stock market

2024-02-21T12:53:41.733Z

Highlights: Edenred, a prepaid services company which notably markets Ticket Restaurants, fell by more than 9% on Wednesday on the Paris Stock Exchange. 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. The stock lost 9.37% to 51.08 euros around 1:10 p.m. More information to come... At midday, the title of the meal voucher giant lost 9% of its value.


At midday, the title of the meal voucher giant lost 9% of its value on the Paris Stock Exchange, after the Italian authorities announced that they had seized 20 million euros in a case of “cost fraud”. of State".


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...

Source: lefigaro

All business articles on 2024-02-21

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