January 10, 2024 BY Simon Mugo

Campari Raises $1.3Bn Selling Shares and Debt for Acquisition

Capitalising on favourable market conditions, Campari joined the wave of issuances seen across Europe since the beginning of the year. The Courvoisier acquisition marks the largest in Campari's history, which has seen consistent growth through various acquisitions. The company priced its new shares at €9.33 each, a 6% discount from the closing price on Tuesday.…

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