Emmanuel Macron has been accused of pushing through the stealth nationalisation of a French private nursing home business by a group of American hedge funds.
Paris-listed Orpea, which has been gripped by scandals including allegations that elderly residents were blocked access to adult nappies and food, is set to be seized by the French state under plans to save the business.
But hedge funds including Fortress Investment Group, co-founded by Aston Villa owner Wes Edens, and Whitebox Advisors, which predicted the global financial crisis in 2008, said Orpea is being deliberately undervalued to force a nationalisation.
Following Brexit, Europe is supposed to be open for business, but this attempt at stealth nationalisation of a privately …
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