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KM Financial Solutions | UPDATE 1-Italy’s Bio-on blames hedge fund for plunge in sales; shares drop
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UPDATE 1-Italy’s Bio-on blames hedge fund for plunge in sales; shares drop

30 Sep UPDATE 1-Italy’s Bio-on blames hedge fund for plunge in sales; shares drop

Posted at 11:56h in News by
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Shares in Italy’s Bio-on
plunged almost 40% on Tuesday after the bio-plastics firm
reported a collapse in first-half sales, blaming what it has
described as unfounded criticism of its accounts by a U.S. hedge
fund.

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