International Companies

Mutares tumbles as Gotham City highlights accounting irregularities

By Michele Maatouk

Date: Thursday 26 Sep 2024

(Sharecast News) - German private equity firm Mutares tumbled on Thursday after Gotham City Research put out a note pointing to accounting irregularities and suggesting that the company is "increasingly reliant" on debt.
Short-seller Gotham said the first-half balance sheet's €394.2m reported cash position does not match the H1 2024 statement...

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