Tag: muddy waters
Travelex Owner Finablr Might Owe US$1.3bn In Debt
Travelex owner Finablr on Thursday said that it might as much as US$1.3 billion in debt in a statement posted to London Stock Exchange...
NMC Founder Loved Challenges. They Ate His Company
(Bloomberg) -- When discussing his business philosophy, Indian entrepreneur Bavaguthu Raghuram Shetty likes to stress the importance of embracing challenges — even those you fail...
UAE’s Central Bank Takes Over UAE Exchange’s Operations
In the latest to the Finablr fiasco, the Central Bank of UAE (CBUAE) will be taking over the operations of UAE Exchange, which was...
If Muddy Waters Is Shocked, You’ve Really Been Bad: Chris Bryant
(Bloomberg Opinion) -- In an incendiary report dispatched from California shortly before Christmas, Carson Block’s Muddy Waters Capital LLC wrote that the debt reported by FTSE 100-listed...
NMC’s Hidden $2.7 Billion Tips Health Chain into All-Out Scandal
(Bloomberg) -- NMC Health Plc found $2.7 billion of debt hidden from its board that was used for unknown purposes, tipping the troubled Middle Eastern...
A Jet-Setting Billionaire Had It All. Then Carson Block Came Along
(Bloomberg) -- Bavaguthu Raghuram Shetty was once a typical billionaire with a taste for the high-life.
He splurged on a private jet, vintage cars and two...
NMC Health Hires Ex-FBI Head to Probe Short-Seller Allegations
(Bloomberg) -- NMC Health Plc hired former FBI Director Louis Freeh to investigate allegations by short seller Muddy Waters Capital LLC of financial wrongdoing...
NMC Health Drops After Two Investors Sell 15% Stake Below Market Price
(Bloomberg) --NMC Health Plc shares plunged after two major investors sold $493 million worth of shares well below the market price to reduce their...
Short Seller Muddy Waters Ends Busy Year With NMC Share Plunge
(Bloomberg) --Short seller Carson Block has had mixed results in 2019, but he’s ending the year with a bang.
Shares of NMC Health Plc, the...
