Saralnama
Shares worth €1.3bn (£1.1bn; $1.5bn) have been seized from the company that controls the manufacturer of Campari over alleged tax evasion, Italian police have said. Officials ordered the confiscation of the Campari Group shares from Luxembourg-based Lagfin as part of a year-long investigation into how it absorbed its Italian arm. It is accused of failing to pay a similar figure to that of the shares seized in taxes during that merger. The company said it had always acted according to tax laws. Campari – which also produces alcohol brands including Aperol, Grand Marnier and Courvoisier – said neither it nor its subsidiaries were involved in the case. However, chair Luca Garavoglia is among those under investigation, local media reports. Lagfin – which owns more than 50% of Campari shares and has 80% of voting rights – told the BBC in… (Updated 1 Nov 2025, 18:38 IST; source: link)