France's Orpea to scale back its international activities
Source: Reuters
Nov 15 (Reuters) - France's Orpea (ORP.PA), hit by allegations of malpractice at its French retirement homes, said on Tuesday it would scale back its international activities and focus on its core business as it considers converting almost four billion euros of debt into new shares.The company, which has lost 90% of its market capitalisation this year, said in June an independent audit had found evidence of…
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