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Campari shares worth €1.3bn seized by police over alleged tax evasion

Source: BBC

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…

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Read the original source at BBC