as a german shareholder, who lost a significant amount of money trusting the EY Reports on wirecard, I am very positive about this announcement!
(also the "Pros" / Instos trusted the financial reports of EY and lost houndreds of millions in the wirecard bancrupcy / fraud)
I've read that some big companys in germany dropped EY as their auditor, due to their miserable work in that case, which resulted in a big loss of reputation.
just my opinion DYOR
Ann: Change of Auditor, page-59
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