Deaths at French care home hit shares of healthcare group Korian

A French gendarme stands at the entrance of the “La Cheneraie” EHPAD (Housing Establishment for Elderly Dependant People) care home following the deaths of five people as a result of suspected food poisoning in Lherm, southern France, April 1, 2019. REUTERS/Regis Duvignau

PARIS (Reuters) – Shares in Korian slumped on Monday following the deaths of five people as a result of suspected food poisoning at a care home in France run by the company.

Police said the five elderly residents were being cared for at the “Cheneraie” home in southern France, run by the company Omega which Korian bought earlier this year.

Korian’s shares were down 7 percent by 0915 GMT.

Reporting by Blandine Henault and Julie Rimbert; Writing by Sudip Kar-Gupta; Editing by Richard Lough

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source: reuters.com