Vestas mulling legal action over ex-CFO’s unauthorized India deals

Bloomberg

1 minute read Oct. 3, 2012

Danish wind manufacturer Vestas announced it was investigating its former chief financial officer over two Indian deals worth about US$23 million, which the firm said were unauthorized.

Analysts expect Vestas share prices to drop in the wake of the news of the ongoing investigation.

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Vestas mulling legal action over ex-CFO’s unauthorized India deals