Carriers

Wallenius Wilhelmsen slashes its equity by almost a billion dollars

The carrier says it was former auditor PwC which in 2018 and 2022 approved the method in which a put option was not included in the financial statements.
Lasse Kristoffersen is CEO of the Norwegian car carrier Wallenius Wilhelmsen. | Photo: Wallenius Wilhelmsen
Lasse Kristoffersen is CEO of the Norwegian car carrier Wallenius Wilhelmsen. | Photo: Wallenius Wilhelmsen
by LIV ALMER

Norwegian car carrier Wallenius Wilhelmsen’s equity has dropped from USD 4.1bn to USD 3.2bn following a review and recommendation from the company’s new auditor, according to a statement to the Oslo Stock Exchange.

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