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.