Sanofi headquarters in Paris were searched on Tuesday as part of ongoing investigation into suspicions of tax fraud, Le Monde reports.
- Case led by French financial prosecutors concerns suspected financing arrangements set up by Societe Generale transiting mostly through Luxembourg
- Sanofi tells Le Monde financing from SocGen for an acquisition more than a decade ago is now subject to investigation
- Sanofi says it upheld all laws and applicable rules, and is cooperating with the authorities
- Sanofi and the financial prosecutors didn’t immediately respond to requests for comment
- Sanofi shares pared gains after the report was published and were little changed ...