Sodexho demands investigation after "erroneous" Smith Barney research

Sodexho Alliance, the French catering group, has asked financial regulators to open an enquiry after an analyst's report drove its share price down by almost 8% in a few hours.

In a statement issued Tuesday morning the company said a study by Smith Barney, the research arm of Citigroup, contained "false information" that had fuelled doubts about the company's financial transparency and led to speculation on its shares.

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