◆ Contrarian Corpus
Campaigns / Muddy Waters → Vivion Investments S.à.r.l.
Muddy Waters vs. Vivion Investments S.à.r.l.

Vivion Investments S.à.r.l.

1 deck published between 2022-12-14 and 2022-12-14 — 39 pages, 39 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2022-12-14 initial thesis

    2022 12 MW_VIVION_12142022

    39pp · research_note

    Vivion's €1.44bn bond issuer is a multi-billion euro shell game — fabricated shareholder loans, inflated occupancy and fair value gains, and related-party rents enriching controlling shareholder Amir Dayan.