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Eurofins (ERFFP: Baa3/BBB-): More From Muddy Waters

HEALTHCARE
  • Potentially Negative: Muddy Waters have delivered another report.
  • Cash is King/Queen
  • MuddyWater's are getting to the heart of the matter here by questioning why Eurofins have only about half the interest income that they ought to have given the reported cash balances and likely interest rates available.
  • Eurofins brushed aside MuddyWaters recently in saying that they would no longer comment.

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