"" We are very happy to announce the positive outcome of the Initial offer and, therefore, the fulfillment of the conditions precedent for the transfer of the registered office to the Netherlands, in line with the company's objectives ". To announce that the transfer of the registered office will take place is Bob Kunze-Concewitz, CEO of Campari. It is expected that the operation, it is reported, may be completed by July 2020. The shareholders' meeting of June 26 was therefore revoked to back off.
"With the transfer of the only registered office, which, we reiterate, does not contemplate any change regarding the organization, management and business operations, and above all provides that the group's tax residence is maintained in Italy , we pursue the key objective - added the CEO - to strengthen the increased voting system for the benefit of long-term shareholders, therefore the adoption of a flexible capital structure that can further support us in pursuing growth opportunities also for acquisitions of significant size ".
"We believe - he reported - that the decision of the majority shareholder Lagfin to increase its commitment from the initial amount of 76.5 million euros, announced at the launch of the operation, to over 250 million euros, in support of the successful outcome of the The transaction constitutes full confirmation of its long-term support for the group's strategy and a very strong sign of confidence for the future prospects of the company, in line with the management's ambitions ".