Italian tax police have seized assets worth 1.29 billion euros from a Luxembourg-based holding company's shares in Campari ...

MILAN (Reuters) -Shares in Campari fell 5% on Monday after Italian tax police seized 1.29 billion euros ($1.5 billion) worth ...

The seizure comes about a year after an audit. The holding company is under investigation over roughly $1.4 billion in alleged unpaid taxes on about $5.7 billion in capital gains tied to Lagfin’s ...

Lagfin, which controls 80% of Campari's voting rights, has had €1.3bn ($1.49bn) worth of shares seized by Italian authorities ...

The spirit manufacturer's parent firm is accused of failing to declare a similar amount in tax during a merger.

Twelve months on from what one analyst called “the mother of all resets”, Campari’s improving sales and profit trends are ...

Italian tax police said on Friday they had seized shares worth 1.29 billion euros ($1.5 billion) from a Luxembourg-based ...

Shares in drinks brand Campari fell sharply on Monday after the company's controlling shareholder had €1.3bn worth of shares ...

Meanwhile, French distiller Remy Cointreau on Thursday reported weaker-than-expected sales trends for its fiscal second quarter. It also lowered its guidance for fiscal 2026, citing a deterioration of ...

Shares in Campari fell 5% today after Italian tax police seized €1.29 billion worth of shares in the Italian drinks maker held by its controlling shareholder for alleged tax evasion.

Italian tax police said they are seizing assets worth 1.29 billion euros from a Luxembourg-based holding company’s shares in spirits maker Campari Group as part of a fraud investigation.