PARIS: French investigators suspect an investor illegally made €20mil (US$23mil) from just one bet after getting a tip-off in 2014 about General Electric Co’s plan to buy part of Alstom SA.
The transaction – using derivatives – is one of several possible instances of insider-trading involving 38-year-old Frenchman Alexis Kuperfis that are under examination by criminal investigators, according to details contained in a ruling by the nation’s top court last month.
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