Finance
Campari's top shareholder regains seized shares after tax deal
Published by Global Banking & Finance Review®
Posted on December 23, 2025
1 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 23, 2025
1 min readLast updated: January 20, 2026
Lagfin regains Campari shares after settling a tax dispute with Italian authorities, agreeing to pay 405 million euros over four years.
MILAN, Dec 23 (Reuters) - Campari's <CPRI.MI> controlling shareholder Lagfin said on Tuesday it had regained all its shares in the Italian spirits group which were seized by Italian authorities in October due to a tax dispute.
The release of the stock in question - equal to roughly 18% of Campari's outstanding shares - follows a settlement reached earlier this month between the Luxembourg-based holding company and Italy's revenue agency over alleged tax evasion.
Under the agreement, Lagfin, which owns 51% of Campari, will pay the Italian authorities 405 million euros ($477.78 million)over four years.
The figure amounts to roughly a third of the 1.29 billion euros' worth of Campari shares that Italy's tax police seized around two months ago.
($1 = 0.8476 euros)
($1 = 0.8477 euros)
(Reporting by Elisa Anzolin, editing by Gavin Jones)
Corporate tax is a tax imposed on the income or profit of corporations. It varies by country and can significantly impact a company's financial performance and investment decisions.
A controlling shareholder is an individual or entity that owns a sufficient percentage of a company's shares to influence or control its decisions and policies, typically more than 50%.
A tax dispute arises when a taxpayer disagrees with a tax authority regarding the amount of tax owed, the interpretation of tax laws, or the application of tax regulations.
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