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Italy’s Campari Buys Sicilian Rival Averna For $143MIL

on 15/04/14 at 4:12 pm

Industry

index(Reuters) – Italian drinks group Davide Campari has agreed to buy Fratelli Averna in a deal valuing the Sicilian spirits company that makes Averna, Italy’s second best-selling bitter, at 103.75 million euros ($143 million).

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