Italy

Italy’s tax agency seizes €1.29 billion (US$1.49B) in Campari shares over alleged tax evasion linked to holding company Lagfin.

The acquisition enhances illycaffè’s Italian supply chain by integrating coffee machine manufacturing with its global premium coffee business.

Outbreaks of Lumpy Skin Disease prompt livestock import restrictions

The deal includes 1,188 Carrefour Italy stores and is expected to close by the end of 2025 pending approvals.

Deal marks a key step in Diageo’s strategy to optimize operations, cut fixed costs, and streamline its global production network.